Ford Motor Company (F) reported second-quarter adjusted EPS of $0.56, up $0.04 year over year. On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $0.43 for the quarter. Analysts' estimates typically exclude special items. However, adjusted pre-tax profit decreased year-over-year to $2.51 billion from $2.99 billion. The company said the lower adjusted pre-tax profit was due to higher commodity cost, mainly steel, unfavorable exchange and non-repeat of last year's gain on the sale of majority stake in OEConnection LLC.
from RTT - Earnings http://ift.tt/2v7rFqD
via IFTTT
No comments:
Post a Comment