Investing.com -- Ford Motor reported Tuesday fourth-quarter results that topped Wall Street expectations and delivered better-than-expected annual guidance.
Ford Motor Company (NYSE:F) shares gained 6% following the report in afterhours trading.
The automotive company reported adjusted earnings per share of $0.29 on revenue of $46.00 billion. Analysts polled by Investing.com anticipated EPS of $0.12 on revenue of $43.04B.
Looking ahead, the company guided full-year 2024 adjusted earnings before interest and taxes, or EBIT, of $10B to $12B, adjusted free-cash flow of $6B to $7B and "flat to modestly higher full-year U.S. industry volume, with overall lower vehicle pricing." Analysts anticipated EBIT of $9.56B.