Mark8LSC CE0464 Posted October 19, 2010 Share Posted October 19, 2010 Just hoping we made enough to pay down some more debt...... Quote Link to comment Share on other sites More sharing options...
mettech Posted October 19, 2010 Share Posted October 19, 2010 1.2 Billion taxable. Quote Link to comment Share on other sites More sharing options...
Mark8LSC CE0464 Posted October 19, 2010 Author Share Posted October 19, 2010 I was hoping more along the lines of double that amount! Quote Link to comment Share on other sites More sharing options...
twmalonehunter Posted October 19, 2010 Share Posted October 19, 2010 I was hoping more along the lines of double that amount! F-series was strong. Europe was down. Overal US volume was down. Q2 was $2.8B which was $0.68 EPS. My prediction is $2.1B which is $0.51 EPS. I think the analyst estimates are low, even the top line estimate is only $0.48 EPS, with the consensus being $0.38 EPS. Also, the Volvo sale should have hit. I don't think that impacts the earnings, but I would hope that that money affforded them the ability to pay down some more debt. Quote Link to comment Share on other sites More sharing options...
weiweishen Posted October 19, 2010 Share Posted October 19, 2010 F-series was strong. Europe was down. Overal US volume was down. Q2 was $2.8B which was $0.68 EPS. My prediction is $2.1B which is $0.51 EPS. I think the analyst estimates are low, even the top line estimate is only $0.48 EPS, with the consensus being $0.38 EPS. Also, the Volvo sale should have hit. I don't think that impacts the earnings, but I would hope that that money affforded them the ability to pay down some more debt. How would FoMoCo put the Volvo issue into the 3rd quarter report? Actually Ford lost money from volvo saling. I mean Ford bought volvo with 6 billion, and sold it with 1.8 billion. So Ford lost 4.2 billion. Will this loss be count as operation lost? Quote Link to comment Share on other sites More sharing options...
twmalonehunter Posted October 19, 2010 Share Posted October 19, 2010 How would FoMoCo put the Volvo issue into the 3rd quarter report? Actually Ford lost money from volvo saling. I mean Ford bought volvo with 6 billion, and sold it with 1.8 billion. So Ford lost 4.2 billion. Will this loss be count as operation lost? I think earnings are reported excluding special items such as a one time loss for selling an asset. That sale is pretty much a write-off, not an operating expense. The proceeds from the sale will be added to cash on hand, getting them closer to net zero debt. I might be wrong, but I don't think it will show up as part of the report. Quote Link to comment Share on other sites More sharing options...
EdselBryantFord Posted October 19, 2010 Share Posted October 19, 2010 Keep your eyes open for special one time charges, debt pay down, VEBA contribution as tools to set a down trodden tone for future business concerns. Quote Link to comment Share on other sites More sharing options...
Extreme4x4 Posted October 19, 2010 Share Posted October 19, 2010 Better than GM's?? :D Quote Link to comment Share on other sites More sharing options...
jpd80 Posted October 19, 2010 Share Posted October 19, 2010 Better than GM's?? :D Regardless of subdued sales, Ford will do better than its Detroit competitors and that all that matters in the eyes of investors, GM's IPO will crash and burn. Quote Link to comment Share on other sites More sharing options...
Marginal Economist Posted October 20, 2010 Share Posted October 20, 2010 I'll go with 700M. Lots of expense with vehicle and powertrain launches. Quote Link to comment Share on other sites More sharing options...
Mark8LSC CE0464 Posted October 20, 2010 Author Share Posted October 20, 2010 I'm going with 1.2 billion............. Quote Link to comment Share on other sites More sharing options...
aneekr Posted October 20, 2010 Share Posted October 20, 2010 $0.45 per share Quote Link to comment Share on other sites More sharing options...
twmalonehunter Posted October 20, 2010 Share Posted October 20, 2010 I'll go with 700M. Lots of expense with vehicle and powertrain launches. I hope you're wrong... For my stock price's sake... :shades: Quote Link to comment Share on other sites More sharing options...
weiweishen Posted October 20, 2010 Share Posted October 20, 2010 $0.45 per share why? Any specific reason why you pick number of 0.45 Quote Link to comment Share on other sites More sharing options...
aneekr Posted October 20, 2010 Share Posted October 20, 2010 why? Any specific reason why you pick number of 0.45 Consensus estimate among analysts is $0.38 per share. Concerns include lower sales volume in NA and EU and higher incentive spending. This is balanced by continuing increases in transaction prices (as mentioned in another thread) and stable to increasing market share in the U.S., both of which I think put Ford in a strong position relative to the auto manufacturing sector as a whole. Thus, my guess is for Ford to beat the 3Q consensus estimate slightly. Quote Link to comment Share on other sites More sharing options...
jpd80 Posted October 22, 2010 Share Posted October 22, 2010 Analysts have been underestimating Ford quarterly results for about a year, I don't see that trend changing. Pretty sure Ford will be paying down their debt big time clearing the decks for 2011..... Quote Link to comment Share on other sites More sharing options...
03 LS Posted October 25, 2010 Share Posted October 25, 2010 F-series was strong. Europe was down. Overal US volume was down. Q2 was $2.8B which was $0.68 EPS. My prediction is $2.1B which is $0.51 EPS. I think the analyst estimates are low, even the top line estimate is only $0.48 EPS, with the consensus being $0.38 EPS. Also, the Volvo sale should have hit. I don't think that impacts the earnings, but I would hope that that money affforded them the ability to pay down some more debt. How would FoMoCo put the Volvo issue into the 3rd quarter report? Actually Ford lost money from volvo saling. I mean Ford bought volvo with 6 billion, and sold it with 1.8 billion. So Ford lost 4.2 billion. Will this loss be count as operation lost? Volvo's value had been written off several times in the past, so the $1.8b sell price may even show as a "profit" on the book. Per Bloomberg, even at the consensus $.38 EPS, it would still be a record Q3 earnings for Ford. Net income was $1.37 billion, based on the average projection of five analysts, up from $997 million and adjusted per-share earnings of 26 cents a year earlier. Estimates for adjusted quarterly profit have risen to 38 cents a share, the average of 12 analysts, from about 34 cents a month ago. ... Ford’s previous record for third-quarter net income was $1.13 billion in 1997. Quote Link to comment Share on other sites More sharing options...
Mark B. Morrow Posted October 25, 2010 Share Posted October 25, 2010 (edited) Automotive News is quoting Bloomberg's analysts' estimate of $1.37 Billion Net. Let's hope they are right. Edited October 25, 2010 by Mark B. Morrow Quote Link to comment Share on other sites More sharing options...
MillRight Posted October 25, 2010 Share Posted October 25, 2010 What about this? http://m.cnbc.com/us_news/39832321/1 Quote Link to comment Share on other sites More sharing options...
twmalonehunter Posted October 25, 2010 Share Posted October 25, 2010 (edited) What about this? http://m.cnbc.com/us_news/39832321/1 I was actually listening to him when he said this and I think he got caught up and mis-spoke. I think what he was saying was that Ford will deliver the best 3rd quarter in history. There is no way they beat the profit from last quarter, though I wish they would. If they report $1.8B then it will in fact be the best 3rd quarter in their history. Edited October 25, 2010 by twmalonehunter Quote Link to comment Share on other sites More sharing options...
weiweishen Posted October 26, 2010 Share Posted October 26, 2010 Consensus estimate among analysts is $0.38 per share. Concerns include lower sales volume in NA and EU and higher incentive spending. This is balanced by continuing increases in transaction prices (as mentioned in another thread) and stable to increasing market share in the U.S., both of which I think put Ford in a strong position relative to the auto manufacturing sector as a whole. Thus, my guess is for Ford to beat the 3Q consensus estimate slightly. Ford earning just came out. It is 47 cents per share profit. Very nice forecast. Quote Link to comment Share on other sites More sharing options...
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