Ford Motor Q4 EPS $0.29 Beats $0.13 Estimate
Portfolio Pulse from Benzinga Newsdesk
Ford Motor reported Q4 earnings of $0.29 per share, surpassing the analyst consensus estimate of $0.13 by 123.08%. However, this represents a 43.14% decrease from the $0.51 per share earned in the same period last year.
February 06, 2024 | 9:06 pm
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Ford Motor's Q4 earnings per share of $0.29 exceeded expectations by 123.08%, but showed a 43.14% decrease from the previous year.
The significant beat on analyst expectations for Q4 earnings per share is likely to be viewed positively by investors, potentially leading to a short-term increase in Ford's stock price. However, the year-over-year decrease in earnings might temper some of the positive sentiment.
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