Ford Stock Is Facing Heavy Selling Pressure Tuesday: What's Going On?
Ford Stock Is Facing Heavy Selling Pressure Tuesday: What's Going On?
"No doubt there's a global price war. And it's fueled by over-capacity, a flood of new EV nameplates and massive compliance pressure," Ford CEO Ford Motor Co (NYSE:F) stock is trading lower on the heels of the Detroit-based automaker's third-quarter results. The company's soft earnings outlook appears to be weighing on shares.
福特汽车公司（纽约交易所：F）股票交易走低，这主要是基于这家总部位于底特律的汽车制造商第三季度业绩不佳。公司薄弱的盈利前景似乎拖累股价。
- Q3 Revenue: $46.2 billion, versus estimates of $41.88 billion
- 第三季度营业收入：462亿美元，高于418.8亿美元的估值
- Q3 EPS: 49 cents, versus estimates of 47 cents
- 第三季度每股收益：49美分，高于47美分的估值
Total revenue was up 5% on a year-over-year basis. Ford Blue sales were up 3% to $26.2 billion in the quarter. Ford Pro sales were up 13% year-over-year to $15.7 billion. Ford Model e sales fell 33% year-over-year. Ford's electric vehicle segment also recorded an EBIT loss of $1.2 billion in the quarter.
总营业收入同比增长5%。福特蓝板块销售额上涨3%，达到262亿美元。福特Pro销售额同比增长13%，达到157亿美元。福特Model e销售额同比下降33%。福特的电动车板块在本季度录得了12亿美元的息税前利润亏损。
Guidance: Ford now expects full-year adjusted EBITDA of about $10 billion, down from prior guidance of $10 billion to $12 billion. The company expects full-year Ford Pro EBIT of about $9 billion and full-year Ford Blue EBIT of about $5 billion. The company anticipates a full-year loss of about $5 billion for the Ford Model e segment.
展望：福特现在预计全年调整后的EBITDA约为100亿美元，低于之前的100亿至120亿美元的指引。公司预计全年福特Pro息税前利润约为90亿美元，全年福特Blue息税前利润约为50亿美元。公司预计福特Model e板块全年亏损约为50亿美元。
"No doubt there's a global price war. And it's fueled by over-capacity, a flood of new EV nameplates and massive compliance pressure," Ford CEO Jim Farley said on the conference call.
“毫无疑问存在全球价格战。这主要是由于产能过剩、大量新的电动汽车品牌涌现以及巨大的合规压力所导致的，”福特首席执行官吉姆·法雷在电话会议上表示。
"Clearly, our strategic advantages are not falling to the bottom line the way they should ... Costs, especially warranty, has held back our earnings power."
“显然，我们的战略优势没有像应有地反映在盈利中……成本，尤其是保修，阻碍了我们的盈利能力。”
Analyst Updates: Following the print, Barclays analyst Dan Levy maintained Ford with an Overweight rating and lowered the price target from $14 to $13. RBC Capital analyst Tom Narayan reiterated a Sector Perform rating and maintained a price target of $10.
分析师更新：在发布后，巴克莱分析师丹·莱维维持对福特的增持评级，并将价格目标从14美元下调至13美元。RBC资本分析师汤姆·纳拉扬重申板块表现评级，并维持10美元的价格目标。
F Price Action: Ford shares were down 9.19% at $10.33 at the time of publication Tuesday, according to Benzinga Pro.
福特股价走势：根据彭博智库，在周二发布时，福特股价下跌了9.19%，报10.33美元。
Photo: courtesy of Ford.
照片：福特的礼遇。
译文内容由第三方软件翻译。
