Ford Rises After Earnings (F)

Ford F released its Q1 earnings results today prior to the opening bell. The company reported adjusted EPS of $0.62 compared to $0.46 in the year ago period. This handily beat Wall Street analysts' consensus estimates of $0.50 per share. Revenues came in at $33.1 billion compared to $28.1 billion in last year's corresponding quarter. This also exceeded analysts' consensus of $30.64 billion. During Tuesday's trading session, F shares have gained 2.19% to $15.88. The 52-week high in the name is at $18.97.
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Posted In: EarningsNewsMarketsMoversAutomobile ManufacturersConsumer Discretionary
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