-=Ford Motor (F) reported earnings on Wed 25 July 2018 (a/h)

Ford Motor misses by $0.03, reports revs in-line; lowers FY18 EPS below consensus; will host Investor Meeting to detail restructuring in September 

• Reports Q2 (Jun) earnings of $0.27 per share, $0.03 worse than the Capital IQ Consensus of $0.30; revenues fell 2.8% year/year to $35.9 bln vs the $35.63 bln Capital IQ Consensus. North America remains strong with strong F-Series.
• Co issues downside guidance for FY18, sees EPS of $1.30-1.50 from $1.45-1.70 vs. $1.51 Capital IQ Consensus Estimate due to Asia Pacific and Europe
• Fod will reschedule Sept Investor Meeting when more specifics on redesign and restructuring.