Ford (F) Beats Earnings: Is Likely Conservative On Guidance

We think that Ford Motor Co. (F) is likely being conservative on guidance given current economic uncertainties, notes a CFRA analyst. Garrett Nelson and Lee Bohl give an overview of Ford's earnings. They talk about how they continue to like Ford's combination of growth and yield at these levels. Thye go over how adjusted EPS came in at $0.63 versus an estimated $0.40 and revenue came in at $41.50B versus an estimated $36.80B. Lee mentions that Ford's tailwinds to sales and earnings include supply chain improvements, higher industry volumes and lower material costs. They then discuss other auto stocks to keep on your radar. Tune in to find out more about the stock market today.