The Ford Gallery area appears at the Detroit Auto Show 2025 in Huntington Place in Detroit, Michigan, on January 10, 2025.
Bill Bogliano Gety pictures
Detroit – Ford Motor He is scheduled to report the fourth quarter profits after the bell on Wednesday.
Here is what Wall Street expects, according to the average estimates collected by LSEG:
- Arrow's profits: 33 cent modification
- Car revenue: 43.02 billion dollars
These results would indicate a 0.5 % decrease in car revenues compared to the same period in the previous year and an increase of 13.8 % in the profits of a single share.
Ford 2024 Fourth quarter It included $ 43.2 billion of car revenues, a net loss of $ 526 million, or 13 cents per share, modified profits before interest and taxes of $ 1.05 billion, or 29 cents per share.
Detroit Motors is under pressure to its opponent Crossown General Motors Wall Street's expectations were easily topped in the fourth quarter and said that her instructions for 2025 are in line with or above analysts' expectations.
Ford's expectations were largely not performing due to the unexpected guarantee and remembering the problems of the company's profits. The shares of the auto industry fell nearly 20 % in 2024 amid problems, which Ford Jim Farley's CEO promised to correct them.
Detroit “Big 3” shares of auto industry
“I am very excited about this year because it is Ford's opportunity, as in 2007 and” 2008, to take our future in our hands and financial performance as we should. “This is everything in our team.”
Ford is also likely to look at an additional 10 % processing tariff On the goods from China, such as Lincoln Nutilus Automotive CompanyIt will affect the work, as well as Possible definitions From 25 % on Canadian and Mexico goods.
Farley said last month that Ford operations in China earned almost $ 600 million last year Despite the difficult market conditions. This included exports from China to other countries.
Although General Motors profits expect expectations last week, the shares of the auto manufacturer One of her worst days in years After announcing the results partially due to its failure to address the investor's concerns about possible definitions.
This is urgent news. Please check again for updates.
