Ford Motor Earnings: What Wall Street Expects

Ford Motor is set to report its fourth-quarter and full-year 2024 earnings after the bell on Wednesday, February 5. As investors await the results, let's take a look at what Wall Street expects from the automaker.



Ford's earnings have been on an upward trend over the past few quarters, with consistent growth in net income, revenue, and EPS. In the third quarter of 2024, Ford reported net income of $892 million, up from $880 million in the second quarter and $870 million in the first quarter. Revenue also increased, reaching $46.196 billion in the third quarter, up from $45.316 billion in the second quarter and $44.196 billion in the first quarter.



Analysts expect Ford to maintain this positive momentum in the fourth quarter. The consensus EPS estimate is $0.22, in line with the company's EPS growth over the past few quarters. Revenue is expected to come in at $46.5 billion, a slight increase from the third quarter.

Ford's strategic shift towards electric vehicles (EVs) is also expected to contribute to its future growth. The company has set ambitious targets for EV production and sales, aiming to achieve a 40% share of its global vehicle volume by 2030. Ford's investment in its electric vehicle segment, including the appointment of Marin Gjaja as chief strategy officer, is expected to drive revenue growth in the coming years.



In addition to its EV initiatives, Ford's strong financial performance and diverse product offerings are expected to continue driving revenue growth. The company's operating cash flow and free cash flow have been strong, indicating that Ford has the financial resources to invest in its growth initiatives and adapt to the changing automotive landscape.

As Ford reports its earnings, investors will be looking for signs of continued growth and progress towards the company's strategic goals. With a strong track record of earnings growth and a focus on electric vehicles, Ford is well-positioned to continue its momentum in the coming years.

In conclusion, Wall Street expects Ford Motor to maintain its positive earnings momentum in the fourth quarter, with a consensus EPS estimate of $0.22 and revenue expected to come in at $46.5 billion. The company's strategic shift towards electric vehicles and strong financial performance are expected to drive future growth and create new revenue streams. As investors await the earnings report, they can look forward to a positive outlook for Ford Motor.