Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Ford Q4 results: shares rise on earnings revenue beating estimates

Ford has a mixed Q4 earnings report as revenue is up, but earnings per share are down.

Ford stock is up in after hours US trading after beating Wall Street estimates. Ford earnings narrowly exceeded expectations.

Ford earnings: key figures

Earnings per share ( EPS)
Automotive revenue $38.7 billion
Total revenue $41.8 billion
North American profit $2.52 billion
Net loss $116 million

Ford earnings

Ford earnings per share (EPS) were $0.30 cents per share, less than the expected $0.32 per share that financial experts predicted. Ford revenue was $38.7 billion, exceeding $36 billion expected by Wall Street. North American profit was $2.52 billion. However, losses were $116 million, partially because of sluggish sales overseas.

There were also plans to restructure to boost Ford revenue, staring with job cuts and a partnership with Volkswagen. Chief financial officer (CFO), Bob Shanks, expressed displeasure with the Ford Q4 earnings report.

'It was not a year we were happy with and the fourth quarter continued that theme. We do understand the parts of the business that need to be improved, in some cases dramatically. We know what we need to do, and we are acting to do so. We are taking steps to redesign the business, particularly outside North America,' said Shanks.

‘We have consistently laid the foundation for the global redesign of our business, clearly investing to sharpen our competitiveness so we can better serve customers and invest for the future. Ford enters 2019 with a clear vision, a solid plan, and we are now in execution mode', said Hackett.

What do Ford's Q4 results mean for its share price?

Ford's share price is expected to rise after a mostly positive earnings report. Ford's current share price of $8.34 could rise despite the fact that earnings per share is down. Ford's earnings per share were disappointing, but still beat revenue estimates despite the US-China trade war that impacted the carmaker's profits. Ford also had strong sales in North America, which helped increase Ford's Q4 results.

How do Ford's Q4 results compare to other carmaker stocks?

Ford's Q4 results could predict poor earnings reports for other carmakers. With other auto companies like Tesla struggling to meet delivery demands and cutting staff, automakers' results could be lower than expected.

What is Ford's dividend forecast?

While Ford itself hasn't released its dividend forecast, JP Morgan Chase lowered its outlook for the car company. Ford's dividend forecast will potentially be worse-than-expected in 2019. The firm projected that Ford will lower its global production forecast from 5.97 million cars to 5.87 million vehicles. JP Morgan Chase also downgraded Ford's earnings per share in 2019 from $1.35 to $1.25.

Ford's mixed earnings report is probably a sign of the volatile changes carmakers have endured in 2018 and how it's evident in their 2019 earnings reports.

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Act on share opportunities today

Go long or short on thousands of international stocks with spread bets and CFDs.

  • Get full exposure for a comparatively small deposit
  • Trade on spreads from just 0.1%
  • Get greater order book visibility with direct market access

See opportunity on a stock?

Try a risk-free trade in your demo account, and see whether you’re on to something.

  • Log in to your demo
  • Take your position
  • See whether your hunch pays off

See opportunity on a stock?

Don’t miss your chance – upgrade to a live account to take advantage.

  • Trade a huge range of popular stocks
  • Analyse and deal seamlessly on fast, intuitive charts
  • See and react to breaking news in-platform

See opportunity on a stock?

Don’t miss your chance. Log in to take advantage while conditions prevail.

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Sunday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.