For the quarter ended December 2022, Ford Motor Company (F - Free Report) reported revenue of $41.8 billion, up 18.4% over the same period last year. EPS came in at $0.51, compared to $0.26 in the year-ago quarter.
The reported revenue represents a surprise of +6.25% over the Zacks Consensus Estimate of $39.34 billion. With the consensus EPS estimate being $0.60, the EPS surprise was -15%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Ford Motor Company performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Wholesale Units - China (Including Taiwan): 117 thousand versus the three-analyst average estimate of 162.37 thousand.
- Wholesale Units - International Markets Group (IMG): 103 thousand versus 92.71 thousand estimated by three analysts on average.
- Wholesale Units - Total Automotive: 1147 thousand compared to the 1208.84 thousand average estimate based on three analysts.
- Wholesale unit Volumes-Automotive-Ford South America: 26 thousand compared to the 35.09 thousand average estimate based on three analysts.
- Wholesale unit volumes-Automotive-Ford Europe: 266 thousand compared to the 259.25 thousand average estimate based on three analysts.
- Wholesale unit Volumes-Automotive-Ford North America: 635 thousand versus the three-analyst average estimate of 659.75 thousand.
- Automotive Revenue- China (Including Taiwan): $300 million versus the three-analyst average estimate of $569.73 million.
- Automotive Revenue- International Markets Group (IMG): $3.30 billion versus the three-analyst average estimate of $2.58 billion.
- Net sales-Automotive-Ford South America [$M]: $900 million versus $1.21 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +12.5% change.
- Net sales-Automotive-Ford North America [$M]: $31 billion compared to the $28.86 billion average estimate based on three analysts. The reported number represents a change of +20.2% year over year.
- Net sales-Automotive-Ford Europe [$M]: $6.10 billion versus the three-analyst average estimate of $6.15 billion. The reported number represents a year-over-year change of +7%.
- Automotive sales: $41.80 billion compared to the $39.40 billion average estimate based on three analysts. The reported number represents a change of +18.4% year over year.
View all Key Company Metrics for Ford Motor Company here>>>
Shares of Ford Motor Company have returned +14.8% over the past month versus the Zacks S&P 500 composite's +7.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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For the quarter ended December 2022, Ford Motor Company (F - Free Report) reported revenue of $41.8 billion, up 18.4% over the same period last year. EPS came in at $0.51, compared to $0.26 in the year-ago quarter.
The reported revenue represents a surprise of +6.25% over the Zacks Consensus Estimate of $39.34 billion. With the consensus EPS estimate being $0.60, the EPS surprise was -15%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Ford Motor Company performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Ford Motor Company here>>>
Shares of Ford Motor Company have returned +14.8% over the past month versus the Zacks S&P 500 composite's +7.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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