Ford: 2018 EPS guidance below consensus

(CercleFinance.com) - Ford has unveiled its preliminary full-year 2018 results, forecasting EPS of 1.
30 dollar, on an adjusted basis, below the consensus of 1.33 dollar.

At a conference organised by Deutsche Bank in Detroit, Ford also highlighted its strategic aims, ranging from electrified propulsion to mobility services.

Ford said it plans to launch a global wave of new products in its fastest growing and most profitable segments, with over 20 new Ford and Lincoln products in North America over the next 24 months.

The shares are currently down 2% in pre-market trading.

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