by winston » Fri Jul 29, 2016 10:25 am
not vested
Ford 2Q EPS Below Estimates, Stock Price Plunges 8.2%
Ford Motors announced the result for the second quarter of 2016, which turned out disappointing to the market.
The stock price plunged 8.2% to US$12.71 at close.
During the period, the net profit fell 8.8% yearly to US$1.97 billion; adjusted EPS was US52 cents, below market expectation of US60 cents; gross revenue rose 6% yearly to US$39.485 billion.
Rising costs and depreciation of RMB in China affected the result, and the plant production halt in Chongqing for eight weeks for improving equipment standard caused a fall in sales.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"