What's Going On With Ford Stock Thursday?

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Ford Motor Company F shares are trading lower on Thursday after the company reported mixed 2024 fiscal-year fourth-quarter earnings.

The Details: The company reported fourth-quarter earnings after the market closed on Wednesday which included, adjusted earnings per share of 39 cents, beating analysts estimate of 33 cents. In addition, the company reported sales of $48.2 billion, beating analysts estimate of $43.35 billion.

Furthermore, Ford reported adjusted EBIT of $10.2 billion and cash flow from operations of $3.0 billion. The company also reported an adjusted free cash flow of $0.7 billion.

"Ford is becoming a fundamentally stronger company. We finished 2024 with a solid fourth
quarter, capping the highest revenue year in Ford's history," said President and CEO Jim Farley.

"Our product portfolio offers the broadest powertrain choice. And Ford Pro, with its mid-teen
margins, leading market position, and growing service and repair revenue, provides unique
advantages for continued growth."

Ford announced its guidance for the 2025 fiscal year. The company anticipates adjusted EBIT between $7.0 billion and $8.5 billion as well as adjusted free cash flow from $3.5 billion to $4.5 billion. Ford expects to lose between $5.0 billion and $5.5 billion from its electric vehicle segment throughout 2025.

"In 2025, we expect to make significantly more progress on our two biggest areas of opportunity
– quality and cost – as we enter the heart of our Ford+ transformation. We control those key
profit drivers, and I am confident that we are on the right path to create long-term value for all
our stakeholders,” said Farley.

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F Price Action: At the time of writing, Ford shares are trading 6.24% lower at $9.38, according to data from Benzinga Pro.

Image: via Shutterstock

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