Ford Motor Company Sees Q2 EPS Impact of $0.12-$0.14

Ford Motor Company (F) affirmed its outlook for 2018 earnings of $1.45 to $1.70 per share while saying there will be an impact of $0.12 to $0.14 a share in Q2 due to lost production.

The car maker plans to resume F-150 production at its Dearborn Truck Plant on Friday after a fire May 2 at the Meridian Magnesium Products facility in Michigan.

The company said it also repaired the Super Duty supply chain and output is pegged to restart by Monday at the Kentucky Truck Plant and the Kansas City Assembly Plant, which also makes the F-150.

Ford was slightly stronger after hours.

Leave a Reply

Your email address will not be published. Required fields are marked *

*