Earnings Preview: Ford (F)

Ford Motor Co. F is set to report earnings tomorrow before the start of trading, and all eyes will be on the Dearborn, MI-based automaker to continue firing on all cylinders. Wall Street expects earnings of 48 cents per share on revenues of $30.57 billion. This would mark the highest results for the company in over a decade, if it can meet or beat estimates. Last quarter Ford reported earnings of 38 cents per share on $27.83 billion in revenue. Shares have been a Wall Street darling, gaining nearly 68% in 2010, and investors will be looking forward to see if Ford's team, led by CEO Alan Mulally, can continue. Shares trade at around 9 times 2011 earnings. At last check, shares of Ford were up 42 cents to $18.80, a gain of 2.3%.