Ford Motor (F) reported Q3 FY2024 earnings of $0.49 per share (versus $0.39 per share in Q3 FY2023), beating analysts’ consensus estimate of $0.46 per share.
The company’s quarterly revenues amounted to $46.196 bln (+5.5% y/y), beating analysts’ consensus estimate of $45.126 bln.
The company also said it now expects FY2024 adjusted EBIT of about $10 bln, down slightly from its previous outlook of $10-12 bln, with adjusted free cash flow of $7.5-8.5 bln (unchanged).
F fell to $10.79 (-5.10%) in pre-market trading.