Categories AlphaGraphs, Earnings, Industrials

Infographic: Highlights of Ford Motor’s Q1 2023 earnings report

Auto giant Ford Motor Company (NYSE: F) on Tuesday reported higher adjusted earnings and net sales for the first quarter of 2023.

Ford Motor Company Q1 2023 earnings infographic

First-quarter revenues rose 20% annually to $41.5 billion, aided by double-digit growth in the core Ford Blue segment. The company reported earnings of $0.63 per share, on an adjusted basis, up from last year’s profit of $0.38 per share.

On a reported basis, net income was $1.8 billion or $0.44 per $hare, compared to a loss of $3.1 billion or $0.78 per share in the first quarter of fiscal 2022.

“Ford Pro is leading the way on profitable growth, our big investments in iconic Ford Blue vehicles and derivatives are winning with customers, and Ford Model e’s different approach to EVs is significantly reducing costs on our first high volume products while rapidly developing breakthrough next-generation vehicles from the ground up,” said Ford’s CEO Jim Farley.

Prior Performance

  • Ford-Q4-2022-Earnings-Infographic
  • Ford Motor Q3 2022 earnings infographic
  • Ford Motor Q2 2022 earnings infographic
  • Ford Q1 2022 Earnings Infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

WBA Earnings Preview: Will Walgreens’ Q3 report bring cheer to investors?

Walgreens Boots Alliance, Inc. (NASDAQ: WBA) has been facing challenges due to higher operating costs, rising competition, and an unfavorable retail environment. These factors have put pressure on the drugstore

Main points from Accenture’s (ACN) Q3 2024 earnings report

Shares of Accenture (NYSE: ACN) rose 6% on Thursday, following the company’s announcement of its third-quarter 2024 earnings results. Although revenue and profits missed expectations, the stock jumped after the

ACB Earnings: Aurora Cannabis reports narrower Q4 loss on higher revenues

Aurora Cannabis, Inc. (NASDAQ: ACB) on Thursday reported a net loss for the fourth quarter of 2024. The company’s revenues moved up 5% year-over-year during the quarter. The Canada-based recreational

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top