A Multitude Of Factors Surround Ford Ahead Of Earnings - Benzinga
UBS: Expect Beat With Possible Raise Colin Langan of UBS commented in a note in mid-July that Ford is expected to earn $0. 42 per share in the second quarter. The analyst is expecting Ford's North American pre-tax profit to drop $270 million from a year ago due to a lower truck mix and higher launch costs which were only partially offset by pricing and higher volume. Ford's operation in Asia is expected to remain flat as costs associated with new launches will offset gain from higher volumes. South American profits will likely rise $270 million year-over-year while EU is expected to fall $60 million. Looking past the quarter, Langan suggested that Ford could post upside to its full year financials with the F-150 performing "better than ever expected" while also benefiting from pricing, commodity costs, warranty and launch costs that will act... Buckingham: June's ATP ‘One Of The Best' Since 2013 Joseph Amaturo of Buckingham Research Group commented in a note in early July that Ford's Average Transaction Price (ATP) rose 7. 4 percent year-over-year, marking "one of the best" monthly reads... Amaturo continued that Ford's full-size pickup and SUV ATPs were up 9. 7 percent and 16. 7 percent, respectively. Source: www.benzinga.com
