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Earnings Release for January 2010


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Any insiders have any info on the upcoming earnings release for January 2010?

 

Here is a news posted several days ago that estimated Ford will be profit with $2.3 billion for 2009. If this is true, then that is a very good news for Ford. But this is only estimated, can be worse or can be better. I forgot the source of the news. It was copied and pasted from an email from a friend who work for investment company

 

Investors in Ford Motor Company (NYSE:F) have been enjoying life in 2010 so far. Buzz from the Detroit International Auto Show and the business community seems to indicate the future looks even brighter.

Mulally being hailed as savior of the venerable auto maker

Although Ford CEO Alan Mulally is exhibiting major confidence about the performance of Ford this year, he says the company won’t be ’solidly profitable’ until 2011. If true, that might just mean that now is the time for interested investors to make their bets on a massive Ford comeback if they hope to reap the rewards in a time-frame of the next few years. Ford has always been considered a cyclical stock. That means the company is prone to boom and bust cycles. If you buy stock during one of their busts and sell during their boom, you have discovered a formula that warms the heart of money managers worldwide.

Mulally is being hero-worshipped now because of a series of decisions he’s made since 2006 that have helped Ford avoid the fate of Chrysler and General Motors. He has restored the concept of ‘Focus’ to the company by selling off the Jaguar, Land Rover and Aston Martin names. The company is also near the finalization of a sale of Volvo. The new tight focus on fewer products coupled with some impressive financial moves has helped to position Ford in better shape than the company has been in years. With their major competitors crippled, it seems likely that Ford can return to the elusive world of prosperity if they can continue to push sales in North America and beyond.

Ford still has a mountain of debt to repay

Ford is still laboring under the weight of debt repayment, but Mulally doesn’t think the debt will be the end of the Detroit auto-maker.

“We’re paying a little bit more interest because we have more debt,” Mulally said. “But when we get back to profitability, we’ll pay back that debt and get rid of that disadvantage.”

Ford is expected to earn $2.3 billion this year.

Ford shares have been in an uptrend for six months

All of the perceived good news from the Ford camp is slowly but surely being reflected in the company’s stock price. Investors could purchase Ford shares for $6.00 each last June. Shares finished at $11.68 yesterday. Can the company double its stock price again? With profitability, it seems a certainty

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That's illegal.

 

I should rephrase my question. Any Ford employees have a feeling about the upcoming earnings release. Water cooler talk. Traffic at the dealerships. R&D developments or concerns. Officers, key employees, directors with non public information need not reply.

 

 

Great.

 

A member asking for insider info.

 

:shades:

 

I corrected the above for you.

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Here is a news posted several days ago that estimated Ford will be profit with $2.3 billion for 2009. If this is true, then that is a very good news for Ford. But this is only estimated, can be worse or can be better. I forgot the source of the news. It was copied and pasted from an email from a friend who work for investment company

 

Thank you !

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Q1: -1.4B

Q2: +2.3B

Q3: +1.0B

 

Total YTD: 1.9B

 

That means a net of $.4B is all that's required to turn in a full year profit that matches Weiweshen's source.

 

In operating terms, there's still a ways to go:

 

Q1: -1.98B

Q2: -.42B

Q3: 1.1B

 

Total YTD: -1.3B

 

Would require a +1.3B operating profit to break even for a full year.

Edited by RichardJensen
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Well, Ford pulled the unusual maneuver of stressing a $424M operating loss instead of a $2.3B paper profit in Q2.

 

Ford should be able to chalk up some nice paper profits next year if they are able to pull off similar debt for equity swaps, which is probably why Mulally's guidance is that 2011 will be 'solidly' profitable.

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Well, Ford pulled the unusual maneuver of stressing a $424M operating loss instead of a $2.3B paper profit in Q2.

 

Ford should be able to chalk up some nice paper profits next year if they are able to pull off similar debt for equity swaps, which is probably why Mulally's guidance is that 2011 will be 'solidly' profitable.

 

Well hopefully with the increase in sales in Q4, they can make 1.3b.

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Well, Ford pulled the unusual maneuver of stressing a $424M operating loss instead of a $2.3B paper profit in Q2.

 

Ford should be able to chalk up some nice paper profits next year if they are able to pull off similar debt for equity swaps, which is probably why Mulally's guidance is that 2011 will be 'solidly' profitable.

 

That would be a great result on the back of a tough year, Ford has worked hard all year round.

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The release clearly explained that executives were cashing in their options. I don't consider that to be 'dumping stock'.

 

ok. i didn't say dumping

 

and what release are you referring to? the op was merely asking about opinions on future earnings (or rather..insider info, as that is what he technically asked for).

 

if you're referring to the 8k's, those are merely notification of sale.

Edited by kpc655
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