Ford Motor Q2 Adjusted EPS Surge as Revenue Jumps
27 Jul 2022 16:32 ET

04:32 PM EDT, 07/27/2022 (MT Newswires) -- Ford Motor Company (F) reported Q2 adjusted earnings late Wednesday of $0.68 per diluted share, up from $0.13 a year earlier.

Analysts polled by Capital IQ projected $0.44.

Automotive-sector revenue for the quarter ended June 30 was $37.91 billion, up from $24.13 billion a year earlier.

Analysts surveyed by Capital IQ forecast $35.17 billion in automotive revenue.

Looking ahead, the US automaker said it continues to expect 2022 adjusted EBIT of $11.5 billion to $12.5 billion.

Ford's shares jumped more than 8% in recent after-hours activity.

Price: 14.23, Change: +1.06, Percent Change: +8.