Ford Motor Company (NYSE:F) shares are trading lower by 7.26% to $13.28 Friday morning after the company reported worse-than-expected fourth-quarter adjusted EPS results.
What Happened?
Ford reported fourth-quarter revenue of $44 billion, which beat average analyst estimates of $40.37 billion. The Detroit-based automaker reported quarterly adjusted earnings of 51 cents per share, which missed consensus estimates of 62 cents per share.
Operating cash flow totaled $1.2 billion in the quarter. Adjusted free cash flow came in at $2.4 billion.
Ford also declared a first-quarter dividend of 15 cents per share, plus a supplemental dividend of 65 cents per share…Read More
According to data from Benzinga Pro, Ford Motor Company has a 52-week high of $18.63 and a 52-week low of $10.61.
