Q: What is Ford 2024/Q1 Earnings Preview?
TigerGPT Answer: 【Forecast Data】
The financial forecast data for Ford (symbol: F) this quarter includes an earnings per share (EPS) estimate of $0.42, total revenue estimate of $40,136,904,000, and EBIT estimate of $2,332,597,690. Compared to the same period last year:
- EPS has decreased by 33.33% from $0.63.
- Total revenue has increased by 2.68% from $39,085,000,000.
- EBIT has decreased by 30.97% from $3,379,000,000.
The decrease in EPS and EBIT suggests that the company may be facing higher costs or lower margins, while the slight increase in revenue indicates that the company is growing its sales.
【Quarterly Important News】
Over the past quarter, Ford has faced a significant recall issue, with 456,565 vehicles recalled due to a risk of loss of drive power caused by undetected low battery levels. This recall could have financial implications due to the costs associated with the recall and potential impact on brand reputation.
【Forecast Viewpoints】
Analysts have mixed expectations for Ford's Q1 earnings, with some predicting a decline in earnings despite a slight increase in revenue. The consensus seems to be a cautious outlook due to the year-over-year decline in EPS. Here are some viewpoints from relevant articles:
- Ford Stock Earnings Preview: You’ll Be Crying if You’re Not Buying
- Ford (F) Gears Up to Report Q1 Earnings: What's in the Cards?
- How To Earn $500 A Month From Ford Stock Ahead Of Q1 Earnings Report
- Earnings Preview: Ford Motor Company (F) Q1 Earnings Expected to Decline
【Stock Trend Analysis】
Ford's stock price has fluctuated over the past quarter, with an 8.94% increase from the last financial report release date to the current date. The latest stock price is $12.865, with a support level at $12.65 and a resistance level at $12.06. Analysts have a range of opinions, with 4 recommending a buy, 15 holding, 3 underperforming, and 1 selling. The mean target price is $13.32348, suggesting a potential upside from the current price.
【Options Large Order Analysis】
The options market shows a mix of buy and sell orders for call options, which indicates uncertainty about the company's financial report. The presence of both buy and sell orders suggests that investors are divided on whether the financial report will exceed or fall below expectations.
【Analyst Ratings and Target Price Forecast】
With a mix of analyst ratings and a mean target price slightly above the current stock price, Ford appears to be valued fairly by the market. The financial report could potentially meet expectations, but the recall issue and the year-over-year decline in EPS and EBIT may weigh on the results.
【Comprehensive Conclusion】
Ford is facing a challenging quarter with a significant vehicle recall and a forecasted decline in EPS and EBIT, despite a slight increase in revenue. The stock has shown resilience with a modest increase over the past quarter, but the mixed analyst ratings and options market activity suggest caution. The upcoming earnings report will be crucial in determining the company's trajectory for the rest of the year.
Disclaimer: The above content is generated by the AI robot TigerGPT and does not represent any personal views. The content is for reference only and does not constitute any investment advice.
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