Current Wall Street estimates reflect a 56.9% decline from the year-ago quarter, when the company reported earnings of 65 cents per share.
The consensus estimate has dipped over the past three months from 41 cents. For the fiscal year, analysts are expecting earnings of $1.33 per share. Analysts look for revenue to decrease 9.4% year-over-year to $32.19 billion for the quarter, after being $35.53 billion a year ago. For the year, revenue is projected to roll in at $128.44 billion.
Revenue fell year-over-year in the first quarter, snapping the three-quarter streak of rising revenue. The 2% revenue decline in the most recent quarter can be compared with three quarters prior when it had been rising. It increased 6.6%in the fourth quarter of the last fiscal year, 10.6% in the third quarter of the last fiscal year and 1.3% in the second quarter of the last fiscal year.
The company has seen steady earnings for the last eight quarters, and for the last four, net income has increased year-over-year by an average of 1752.6%. The biggest gain came in the fourth quarter of the last fiscal year with a 7065.8% surge.
The majority of analysts (57.1%) rate Ford as a buy. This compares favorably to the analyst ratings of its nearest six competitors, which average 56.8% buys.
Earnings estimates provided by Zacks.
For the latest updates on the stock market, PRESS CTR + D or visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
Related Post:
earnings reports
- Alcoa Inc earning per share $0.06 revenues of $5.9 billion
- Alcoa Inc.earnings estimates report january 8 2013
- Analysis Easyjet dividend profit margins jump
- AMD Q3 Revenue expected down 2012
- Discover Financial Services (DFS) earnings estimates report september 27 2012
- Walgreen (WAG) earnings estimates report september 28 2012
- Red Hat earnings estimates report september 24 2012
- earnings report to watch september 10 2012
- Pandora Media earnings report august 30 2012
- Vivendi earnings report august 30 2012
- Earnings Report to watch 8/30/2012
- FDIC insured banks earnings report august 29 2012
- JoS. A. Bank Clothiers earnings report august 29 2012
- Zumiez earnings estimate report august 30 2012
- Frontline Q2 Earnings Conference Calls August 29, 2012
- Star Bulk Carriers Conference Call Q2 august 29 2012
- Pandora Media Q2 earnings estimates report August 29, 2012
- Companies Earning report week 27- 31 august 2012
- Hewlett-Packard Earnings results Q3 estimated report 8/22/2012
- Dell Earnings results Q2 estimated report 8/21/2012
- earnings report to watch week 20-25 August 2012
- Walmart Earnings per share forecast 2013
- Walmart Q2 Earning Report 8/16/2012
- Sysco Corp Earning estimates report 8/13/2012
- Groupon Earning estimates report 8/13/2012
No comments:
Post a Comment