Investing.com - Ford Motor (NYSE:F) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ford Motor announced earnings per share of $0.38 on revenue of $34.48B. Analysts polled by Investing.com anticipated EPS of $0.3798 on revenue of $34.53B.
Ford Motor shares are down 28% from the beginning of the year and are trading at $15.01 , down-from-52-week-high.They are under-performing the S&P Global 100 which is down 10.1% from the start of the year.
Ford Motor shares gained 1.21% in after-hours trade the report.
Ford Motor follows other major Consumer Discretionary sector earnings this month
Ford Motor's report follows an earnings beat by Tesla on Wednesday, April 20, 2022, who reported EPS of $3.22 on revenue of $18.76B, compared to forecasts EPS of $2.26 on revenue of $17.87B.
BYD ADR had missed expectations on Tuesday, March 29, 2022 with first quarter EPS of $0.0661 on revenue of $11.18B, compared to forecast for EPS of $0.2333 on revenue of $6.72B.
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