Finance

Will Ford Motor Company (NYSE:F) miss earning estimates again?

Ford Motor Company (NYSE:F) is projected to declare fiscal first quarter financial results right before the stock market’s official open on April 27, 2017. The stock lost about -2 percent in price since last results when it was at $12.79 a share. Based on the most relevant past-periods data, there is an 59.26 percent probability for this firm’s share price to go down following next quarterly results. Earnings reaction history tells us that the equity price moved down 16 times out of last 27 reported quarters. It has beaten earnings-per-share estimates 58.% of the time in its last 12 earnings reports. It fell short of earnings estimates on 3 occasions, and it has met expectations 1 time.

Here’s how traders responded to F earnings announcements over the past few quarters.

Ford Motor Company (F) Earnings Surprises & Reaction

Given its history, the average earnings announcement surprise was 15.59 percent over the past four quarters. Back on January 26, 2017, it posted earnings per-share earnings at $0.3 which missed the consensus $0.32 projection (negative surprise of-6.25%). For the quarter, revenue came in at 36.03B versus consensus estimate of 35.51B. The stock dropped -3.28 percent the session following the earnings reports were released, and on 7th day price change was 0 percent.

On October 27, 2016, it reported earnings at $0.26 a share compared with the consensus estimate of $0.21 per share (positive surprise of 23.81%). Revenue of 33.33B for that quarter was above the $33.15B analysts had expected. The stock retreated -1.18% the day following the earnings announcement, and on 7th day price change was -4.04%.

On July 28, 2016, it recorded $0.52 a share in earnings which missed the consensus estimate of $0.6 (negative surprise of -13.33%). Revenue for the quarter was $36.93B while analysts called for revenues to be $36.31B. The stock dropped -8.19% the day following the earnings data was made public, and on 7th day price change was -12.36%.

On April 28, 2016, it announced earnings per share at $0.68 versus the consensus estimate of $0.43 per share (positive surprise of 58.14%). That came on revenues of $35.26B for that period. Analysts had expected $35.69B in revenue.

Ford Motor Company Earnings Estimates

As Q1 earnings announcement date approaches, Wall Street is expecting earnings per share of $0.47. The analysts’ present consensus range is $0.33-$0.58 for EPS. The market consensus range for revenue is between $31.95B and $37.74B, with an average of $34.91B.

Ford Motor Company (NYSE:F) last ended at $12.54, sending the company’s market cap near $49.84B. The consensus 12-month price target from analysts covering the stock is $13.19. The share price has declined -8.28% from its top level in 52 weeks and dropped 5.05% this year. It recently traded in a range of $12.5-$12.63 at a volume of 22600525 shares. The recent trading ended with the price nearly 0.16 higher for the last 5 trading days, rebounding 15.1% from its 52-week low.

 

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