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Ford Shares Surge After Q1 Earnings Beat as U.S. Sales Offset Global Weakness
Ford shares were traded sharply higher Friday after the carmarker posted stronger-than-expected first quarter earnings thanks to a surge in U.S. demand for its iconic pick-up trucks that offset weakening international demand.
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Ford said earnings for the three months ending in March rose nearly 52% from the same period last year to a forecast-beating 44 cents a share even as total revenues edged 3.9% lower to $40.34 billion as key markets in China continue to weaken.
U.S. sales, however, held steady at $25.4 billion. with healthy demand for trucks and SUVs in the company's home market providing $2.2 billion of its overall $2.4 billion in operating earnings for the quarter
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https://www.thestreet.com/investing/earn...yptr=yahoo
![[Bild: Fc1dl0544.png]](https://finviz.com/publish/042719/Fc1dl0544.png)
Ford shares were traded sharply higher Friday after the carmarker posted stronger-than-expected first quarter earnings thanks to a surge in U.S. demand for its iconic pick-up trucks that offset weakening international demand.
...
Ford said earnings for the three months ending in March rose nearly 52% from the same period last year to a forecast-beating 44 cents a share even as total revenues edged 3.9% lower to $40.34 billion as key markets in China continue to weaken.
U.S. sales, however, held steady at $25.4 billion. with healthy demand for trucks and SUVs in the company's home market providing $2.2 billion of its overall $2.4 billion in operating earnings for the quarter
...
https://www.thestreet.com/investing/earn...yptr=yahoo
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