Ford earnings preview: the next big all-sessions stock to report
After the US closing bell today Ford Motor is expected to post earnings for the first quarter (Q1).
Analysts expect 40 cents per share, after a loss of 78 cents a year ago, on revenue of $39.25 billion, up 13% year-on-year.
It would be the fourth straight quarter of sales growth for the US car maker, 'driven' by its North American market.
Analysts will have a close look at the group's electric vehicle division after it cut prices in January to follow rival Tesla’s decision to cut prices to boost sales. Margins are likely to be affected. Tesla posted its lowest gross margins in two years.
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