Revenue Update on Ford Motor Company(NYSE:F)

Ford Motor Company(NYSE:F) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $39.48B. Analysts estimated a revenue of $36.29B. Earnings per share were $0.52. Analysts had estimated an EPS of $0.60.

Ford Motor Company (F) shares turned negative on Thursdays trading session with the shares closing down -0.05 points or -0.41% at a volume of 3,84,43,181. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $12.23. The peak price level was also seen at $12.23 while the days lowest was $12.05. Finally the shares closed at $12.08. The 52-week high of the shares is $15.84 while the 52-week low is $10.44. According to the latest information available, the market cap of the company is $47,997 M.

Several Insider Transactions has been reported to the SEC. On May 17, 2016, Jr James D Farley (Executive Vice President) sold 78,042 shares at $13.31 per share price.Also, On May 5, 2016, Stuart J. Rowley (Vice President and Controller) sold 13,000 shares at $13.34 per share price.On May 5, 2016, Joseph R Hinrichs (Executive Vice President) sold 60,000 shares at $13.32 per share price, according to the Form-4 filing with the securities and exchange commission.

Ford Motor Company (Ford) manufactures or distributes automobiles across six continents. The Company operates in two sectors: Automotive and Financial Services. Automotive sector includes North America South America Europe Middle East & Africa and Asia Pacific segments. Financial Services sector includes Ford Motor Credit Company and Other Financial Services segments. Its automotive brands include Ford and Lincoln. Other Financial Services includes a range of businesses including holding companies and real estate-related activities. The Company has around 62 plants across the world. Through its wholly owned subsidiary Ford Motor Credit Company LLC it provides automotive financing products to and through automotive dealers throughout the world.

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