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Dearborn, Michigan-based Ford Motor Company (F) develops, delivers, and services a range of trucks, commercial cars, vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. With a market cap of $42.2 billion, Ford Motor operates through the Ford Blue, Ford Model E, Ford Pro, Ford Next, and Ford Credit segments. The automaker is expected to release its third-quarter earnings after the market closes on Monday, Oct. 28.
Ahead of the event, analysts expect Ford to report a profit of $0.50 per share, up 28.2% from $0.39 per share reported in the year-ago quarter. The company has surpassed Wall Street’s adjusted EPS projections thrice over the past four quarters while missing on one other occasion. Its adjusted EPS for the last reported quarter declined 34.7% year-over-year to $0.47 and missed the consensus estimates by 26.6%.