Ford’s 2Q15 Earnings: Key Investor Takeaways
Ford’s 2Q15 Earnings: Key Investor Takeaways
Ford’s 2Q15 earnings
Ford (F) released its 2Q15 earnings on July 28. It generated earnings per share (or EPS) of $0.47 on revenues of $37.3 billion. Its EPS increased more than 200% from last year.
General Motors (GM) reported its 2Q15 earnings on July 23. The company reported EPS of $0.65 in the quarter, up substantially from $0.11 in 2Q14. General Motors’s 2Q15 earnings were better than average analyst expectations and were received well on Wall Street.
However, 2015 hasn’t treated auto shares well. Companies like Ford and General Motors have had a dismal year so far. You can see this trend in the chart above.
What will we cover?
In this series, we’ll analyze Ford’s 2Q15 earnings in detail. We’ll discuss how its different business segments fared in the quarter. We’ll also look at Ford’s market share in the global automotive industry.
Vehicle sales in US markets (SPY) have been strong. This trend has benefited vehicle manufacturers as well as auto component suppliers like Delphi Automotive (DLPH) and Johnson Controls (JCI). Later in this series, we’ll explore how Ford’s US operations are going.
About Ford Motors
Ford Motor Company designs, builds, and sells automobiles worldwide. It’s the second-largest US-based automobile manufacturer and the sixth-largest auto manufacturer globally based on units sold. Ford manufactures F-Series trucks, which have been the best-selling vehicles in US markets for almost four decades
Ford’s operations span several countries. In the next part, we’ll take a look at Ford’s different business segments.
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