Categories AlphaGraphs, Earnings, Industrials
Earnings: Ford Motor Company Q2 2024 adj. profit falls; revenue up 6%
Ford Motor Company (NYSE: F) reported a modest increase in sales for the second quarter of 2024. Meanwhile, adjusted earnings of the car maker declined sharply.
June quarter revenue increased 6% year-over-year to $47.8 billion. The top line benefitted from strong growth in the Ford Blue and Ford Pro divisions. Adjusted earnings declined 35% from last year to $0.47 per share during the three months.
On an unadjusted basis, the company reported a net income of $1.8 billion, or $0.46 per share for Q2, compared to $1.9 billion, or $0.47 per share in, the corresponding quarter of 2023.
“Transparency and accountability from having separate teams focused on the needs of different customers are leading to better decisions and greater value for everyone,” said Ford’s CEO Jim Farley.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
