Categories AlphaGraphs, Earnings, Industrials
F Earnings: Ford Motor Q4 2023 adjusted profit falls; revenue up 5%
Ford Motor Company (NYSE: F) reported a modest increase in sales for the fourth quarter of 2023. Meanwhile, adjusted earnings of the car maker declined by double digits.
December quarter revenue increased 5% year-over-year to $46.0 billion. The top line benefitted from strong growth in the Ford Pro division. Adjusted earnings declined 43% from last year to $0.29 per share during the three months.
On an unadjusted basis, the company reported a net loss of $526 million, or $0.13 per share for Q4, compared to a profit of $1.29 billion or $0.32 per share in the corresponding quarter of 2022.
“We’re the only company that gives customers such a wide range of choices – gas, hybrid, and electric vehicles – made possible by our Ford+ plan and the talented team that’s carrying it out,” said Ford’s president and 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
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
