Trading Strategies For Ford Stock Before And After Q3 Earnings
Portfolio Pulse from Melanie Schaffer
Ford Motor Company (NYSE:F) is set to release its Q3 financial results. Analysts expect an EPS of 45 cents on revenues of $41.22 billion. Morgan Stanley analyst Adam Jonas reiterated an Overweight rating on Ford and maintained a $16 price target. From a technical analysis standpoint, Ford’s stock looks headed lower following the earnings print, trading in a downtrend. The stock's performance after the earnings release is uncertain due to the inherent volatility of earnings season.
October 26, 2023 | 7:17 pm
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Ford is set to release its Q3 results. Analysts expect an EPS of 45 cents on revenues of $41.22 billion. The stock may trend lower following the earnings release.
The news directly pertains to Ford's upcoming Q3 earnings release. The analyst rating and price target from Morgan Stanley indicate a positive long-term outlook, but the technical analysis suggests a potential short-term downtrend following the earnings release. This could negatively impact the stock price in the short term.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100