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Ford Motor (F) Falls 8% As Earnings Miss Estimates
5 days 18 hours 42 minutes ago - FBM via Comtex
FreshBrewedMedia

Ford Motor (NYSE: F) opened at $17.79. So far today, the stock has hit a low of $17.25 and a high of $17.88. F is now trading at $17.30, down $1.51 (-8.03%). Over the last 52 weeks the stock has ranged from a low of $9.75 to a high of $18.97. F reported earnings this morning, posting a fiscal-Q4 profit of $190 million, or 5 cents per share. Excluding one-time items, F earned 30 cents per share on revenue of $32.5 billion. Analysts had forecast a profit of 48 cents per share on revenue of $30.4 billion. For the full year F earned $6.6 billion, or $1.66 per share, its largest profit since 1999. FaEUR(TM)s earnings were hindered by its European division, which posted a surprise loss for the quarter on lower sales volume. Technical indicators for the stock are neutral and S&P gives F a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on F the stock seems like it could be a candidate for an April out-of-the-money bear-call credit spread above the 20 range.

ABR-Seven Summits Strategic Investments NewsBite F - FBM NewsBite Goto www.iotogo.com/c?F for our free Ford Motor Co (F) Stock Report - See what our analyst have uncovered about this company.

 
 
 

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