Ford Profits Up
#1
Senior Member
Thread Starter
Ford Profits Up
For all those concerned about the success of the 2015 F-150, I have only one thing to say.
Don't go picking lottery numbers.
http://www.foxbusiness.com/industrie...s-propel-ford/
Don't go picking lottery numbers.
Ford Motor (NYSE:F) now sees its 2015 North American operation profit margins at the high end of its 8.5%-9.5% view, as its top-selling F-150 truck rolls off dealer lots with pricey upgrades and technology.
The automaker has noticed the trend and last week unveiled the 2016 F-150 Limited, a luxury truck expected to cost $60,000 that is equipped with "multicontour massaging front seats" and a 360-degree camera system.
Second-quarter earnings climbed 18% to 47 cents per share, trouncing Wall Street estimates by 10 cents a share. The company reaffirmed its guidance for 2015 profit of $8.5 billion-$9.5 billion.
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Revenue slid less than 1% to $35.11 billion, missing Wall Street's $35.34 billion target, as higher pricing and volume were more than offset by the strong dollar's effect on international sales.
The automaker has noticed the trend and last week unveiled the 2016 F-150 Limited, a luxury truck expected to cost $60,000 that is equipped with "multicontour massaging front seats" and a 360-degree camera system.
Second-quarter earnings climbed 18% to 47 cents per share, trouncing Wall Street estimates by 10 cents a share. The company reaffirmed its guidance for 2015 profit of $8.5 billion-$9.5 billion.
View Enlarged Image
Revenue slid less than 1% to $35.11 billion, missing Wall Street's $35.34 billion target, as higher pricing and volume were more than offset by the strong dollar's effect on international sales.
#3
Senior Member
Thread Starter
It's hard to believe they're making money with all the guys on here saying they paid under invoice..
All Ford is interested in is making a quality, reliable, desirable product that leaves the dealer quickly.
But what does it say about us truck owners, that we like our bells and whistles and air-conditioned seats?
And we are willing to pay. I am.