Analysts’ Expectations for Ford’s Q2 2018 Revenue
In Q1 2018, Ford’s (F) revenue rose 7% YoY (year-over-year) to $39 billion, beating analysts’ estimate of $37.2 billion. While Ford’s US sales fell 2% YoY in the quarter, lower tax boosted its revenue. Like Ford, legacy automaker (XLY) peers General Motors (GM), Fiat Chrysler (FCAU), and Toyota (TM) generate a large portion of their revenue from North America.