Ford Q4 Revenue Seen Falling 8.1% to $44.3B as EPS Expected at $0.19
Ford beat analysts’ revenue forecasts by 9.1% last quarter with $50.53B in sales, up 9.4% year-on-year, and exceeded EPS and EBITDA estimates. Analysts expect Q4 revenue to fall 8.1% to $44.3B with adjusted EPS of $0.19 after Ford’s average two-year revenue beat of 4.9%.
1. Strong Q3 Results
Ford reported Q3 revenue of $50.53 billion, marking a 9.4% year-over-year increase and surpassing analyst forecasts by 9.1%, while also exceeding EPS and EBITDA estimates.
2. Q4 Forecasts
For Q4, analysts project an 8.1% year-over-year revenue decline to $44.3 billion, with adjusted earnings per share expected at $0.19 and estimates largely unchanged over the past month.
3. Estimate Trends and Peer Context
Over the past two years, Ford has missed revenue estimates only once and outperformed consensus by an average of 4.9%, compared with General Motors’ 5.1% revenue drop and 1.1% estimate miss, and Autoliv’s 7.7% sales gain topping forecasts by 1.2%.