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Ford Q3 Earnings: Revenue Beat, EPS Beat, EV Sales Down 33%, Updated Outlook, Shares Slide
Monday, October 28, 2024 - 4:34pm | 521Ford Motor Co (NYSE:F) reported financial results for the third quarter after the market close on Monday. Here’s a look at the key metrics from the quarter. Q3 Earnings: Ford reported third-quarter revenue of $46.2 billion, beating the consensus estimate of $41.88 billion, according to ...
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Tesla Q3 Earnings Preview: Analyst Says 1.8 Million Unit Estimate 'Hittable' For 2024, '2 Million+ Number The Focus For 2025'
Monday, October 21, 2024 - 2:26pm | 470Electric vehicle giant Tesla Inc (NASDAQ:TSLA) could share more details on demand and a strategy for the upcoming Cybercab when the company reports third-quarter financial results after market close Wednesday. The Tesla Analyst: Wedbush analyst Daniel Ives reiterated an Outperform rating on Tesla...
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General Motors Q3 Earnings Preview: Analyst Warns Of 'Rising Earnings Headwinds'
Monday, October 21, 2024 - 1:57pm | 822Automotive giant General Motors Co (NYSE:GM) will likely highlight the progress the company is making in electric vehicle production when the company reports third-quarter financial results before the market opens Tuesday. Earnings Estimates: Analysts expect General Motors to report third-quarter...
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Why General Motors Shares Are Trading Higher Wednesday
Wednesday, October 9, 2024 - 4:46pm | 549General Motors Co. (NYSE:GM) shares are trading higher on Wednesday. The rise comes after positive analyst notes from Wedbush Securities and RBC Capital, which reiterated their bullish stances on the automaker's future. During the 2024 Investor Day, GM's management also provided crucial updates on...
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Carvana Stock Jumps On Q1 Earnings: Revenue Beat, Vehicles Sold Up 16%, Strong Guidance And More
Wednesday, May 1, 2024 - 4:51pm | 415Carvana Co (NYSE:CVNA) reported financial results for the first quarter Wednesday after the bell. Here’s a look at the key metrics from the quarter. Q1 Earnings: Carvana reported first-quarter revenue of $3.061 billion, which beat the consensus estimate of $2.673 billion, according...
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Nissan Slashes Annual Profit Outlook By 14.5%
Friday, April 19, 2024 - 12:51pm | 290Nissan Motor Co Ltd (OTC:NSANY) (OTC:NSANF) revised its financial forecast, first made on Feb. 8, 2024, for the full fiscal year ending March 31, 2024. The carmaker slashed its annual operating profit forecast to 530 billion yen ($3,428,268,430) from the previous guidance of 620 billion yen ($4,010...
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Weird Coincidence: Ford Bronco Vehicle Recall Day Of O.J. Simpson's Death, How Football Star Is Forever Linked To Vehicle
Friday, April 12, 2024 - 3:02pm | 809Former National Football League and NCAA Football star O.J. Simpson died Wednesday after a battle with cancer. In a weird coincidence, a vehicle forever linked to Simpson also had a headline of its own Wednesday. What Happened: Automotive giant Ford Motor Co (NYSE:F) announced a recall of 42,652...
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UAW Strike Could Put Auto Suppliers, Michigan Economy In Crisis, Analysts Say
Friday, September 15, 2023 - 2:47pm | 728Three of the leading U.S. automotive companies face uncertainties after a contract dispute with the United Auto Workers (UAW) union was not resolved Thursday night. Union workers at several Ford Motor Co (NYSE: F), General Motors Co (NYSE: GM) and Stellantis NV (NYSE: STLA) are now on...
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Stand Up, Not Out: UAW's Strike Imminent — Union President Shawn Fain Just Rattled The Big 3's Cage
Wednesday, September 13, 2023 - 6:19pm | 694The United Auto Workers (UAW) President Shawn Fain sent a resounding warning to Big 3 automakers Ford Motor Co (NYSE: F), General Motors Co (NYSE: GM) and Stellantis NV (NYSE: STLA), signaling an imminent strike is on the horizon if the union's demands aren't met....
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Adient Reports Mixed Q2, Reaffirms FY23 Guidance, Cautious On Unfavorable Macro Factors
Wednesday, May 3, 2023 - 1:35pm | 280Adient PLC (NYSE: ADNT) reported second-quarter FY23 sales growth of 12% Y/Y to $3.91 billion, beating the consensus of $3.76 billion. Revenues benefitted from higher volumes and slight commercial recoveries in the quarter. Gross profit increased to $250 million from $175 million a...
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Why This General Motors Analyst Says It's Time To Buy The Dip In GM Stock
Friday, February 24, 2023 - 3:44pm | 397General Motors Company (NYSE: GM) shares dropped 4% on Thursday after the company announced it will be idling production at its Fort Wayne plant for two weeks in late March. On Friday, one analyst said the sell-off is a buying opportunity for investors. The Analyst: Bank of America analyst John...
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4 Automakers That Pay A Strong Dividend: How To Make Money Off These Stocks During A Bear Market
Thursday, August 4, 2022 - 4:23pm | 396Cars shape the way we live our lives. For most, it is a way to get from one place to another, but others see it as a symbol of status or a collector's item. Since the Model T, cars have been integral to American culture with the pros outweighing the cons. For investors, one...
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Why These 3 Analysts Are Unimpressed With Ford's Q2 Beat
Thursday, July 28, 2022 - 12:18pm | 395Ford Motor Company (NYSE: F) crushed Wall Street expectations, with quarterly revenue at $40.2 billion, up 50% year-over-year, and adjusted earnings 68 cents per share, versus a consensus of 45 cents per share. RBC Capital Markets On Ford Motor Company Analyst Joseph Spak maintained a Sector...
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How To Trade Ford Stock Before And After Q2 Earnings Print
Wednesday, July 27, 2022 - 3:43pm | 516Ford Motor Company (NYSE: F) is set to print its second-quarter financial results after the market close today (July 27). The heavily beaten-down stock was trading more than 3% higher heading into the event but remains down over 50% from the Jan. 13, 52-week high of $25.87. When the legacy-...
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EXCLUSIVE: Michelle Krebs Of Cox Automotive Says 'If An Economic Recession Hits The US, Vehicle Sales Are Not Going To Be Affected Much'
Tuesday, July 19, 2022 - 12:32pm | 619The average price of a new automobile sold in America in June was $48,043, according to Kelly Blue Book, a Cox Automotive company. This is the highest average price ever and the first time it has been above the $48,000 mark. The average for June was 1.8% higher than May's and 12.7% higher than...