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Results from Ford

1/24/2019
By Charles Payne, CEO & Principal Analyst

Earnings continue to pour in, including results from Ford.  The stock would not lead the market, but it gives incredible insights to the state of the global economy and why the company should be focused on bringing more operations to America.

The company earned $2.0 billion in North America before interest and taxes, but it lost hundreds of millions of dollars all over the world.  Business 101 suggest they should manufacture where their business is growing and where they are profitable.

4Q18 Financial Trends

Wholesale Units

Revenue

EBIT

Total

1,474,000

$38.7 billion

$1.1 billion

North America

738,000

$25.8 billion

$2.0 billion

South America

89,000

$1.2 billion

-$199 million

Europe &Africa

361,000

$7.4 billion

-199 million

Asia – Pacific

254,000

$3.6 billion

-$381 million

 

There are pressing issues for the company, including lost market share in all geographic regions.

4Q Market Share

2018

2017

Total

5.9%

6.3%

North America

12.8%

13.4%

South America

7.6%

8.3%

Europe &Africa

7.3%

8.3%

Asia – Pacific

2.2%

2.5%

 
 

Charles Payne
Wall Street Strategies


 

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