Ford Motor Company (F)
- Yahoo Finance Video
Stocks plunge on weaker-than-expected GDP reading: Yahoo Finance
Markets (^DJI, ^IXIC, ^GSPC) are deep in the red this morning after the latest reading of first-quarter GDP showed just 1.6% growth, much lower than the 2.5% expected. Shares of Meta (META) are deep in the red this morning despite the company beating earnings expectations. Investors were spooked by the tech giant’s second-quarter outlook. IBM (IBM) shares are also falling this morning after reporting first-quarter revenue that missed expectations. Today we will hear from several top names, including American Airlines (AAL), Caterpillar (CAT), Merck (MRK), Royal Caribbean (RCL), Microsoft (MSFT), Alphabet (GOOGL, GOOG), Intel (INTC), and Roku (ROKU). Yahoo Finance trending tickers include Chipotle (CMG), ServiceNow (NOW), and Ford (F). Key guests include: 9:30 a.m. ET - Ryan Detrick, Carson Group Chief Market Strategist 9:45 a.m. ET - Jack Hartung, Chipotle CFO 10 a.m. ET - Roger McNamee, Elevation Partners Co-Founder 10:10 a.m ET - Glenn Kelman, Redfin CEO 11 a.m. ET - Glenn Kelman, Redfin CEO
- Yahoo Finance Video
Ford's Q1 results top Street estimates
Ford Motor (F) reported first quarter results that topped Wall Street estimates on both the top and bottom lines. Adjusted earnings per share of $0.49 was better than the $0.42 estimate. Revenue was $42.78 billion compared to estimates of $40.04 billion. One standout was the automaker's Pro commercial business, which saw revenue jump 36% from a year ago. Yahoo Finance's Josh Lipton and Julie Hyman break down the results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
- Investor's Business Daily
Ford Earnings Surprise Wall Street. Auto Giant Maintains 2024 Profit Outlook.
Ford announced better-than-expected first-quarter earnings even as revenue came in below predictions late Wednesday. The company also revised aspects of its 2024 outlook as its expects losses from its EV segment.
