Ford: Q3 EPS a touch above expectations
(CercleFinance.com) - Ford has reported Q3 2018 net profit of 991 million dollars, down 37% relative to Q3 2017, meaning EPS of 25 cents (vs.
39 cents a year ago).
Adjusted EPS increased 15 cents to 29 cents, slightly higher than the consensus (28 cents).
The Dearborn (Michigan) based group also saw its revenues increase by 3% between Q3 2017 and Q3 2018, reaching 37.6 billion dollars.
For FY 2017, the car maker confirms its forecast of adjusted EPS of between 1.30 dollar and 1.50 dollar.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
39 cents a year ago).
Adjusted EPS increased 15 cents to 29 cents, slightly higher than the consensus (28 cents).
The Dearborn (Michigan) based group also saw its revenues increase by 3% between Q3 2017 and Q3 2018, reaching 37.6 billion dollars.
For FY 2017, the car maker confirms its forecast of adjusted EPS of between 1.30 dollar and 1.50 dollar.
Copyright (c) 2018 CercleFinance.com. All rights reserved.