bobbyd Posted January 28, 2013 Share Posted January 28, 2013 Anyone know when Ford will post their 4th quarter earnings? What is the approximate debt balance Ford has? At one point it was close to $30 billion, but I read somewhere its now near $12 billion? Anyone know? Quote Link to comment Share on other sites More sharing options...
twmalonehunter Posted January 28, 2013 Share Posted January 28, 2013 Tomorrow am. Quote Link to comment Share on other sites More sharing options...
aneekr Posted January 28, 2013 Share Posted January 28, 2013 (edited) As twmalonehunter mentioned, 4Q 2012 results will be reported January 29. 0900 EST, 4Q and full year 2012 results conference call (link to Webcast) 1100 EST, 4Q fixed income presentation [includes reports for Ford Credit and Automotive Sector financial resources] (link to webcast) Regarding the question about Ford's approximate debt balance: as reported during the 3Q fixed income presentation, Automotive Sector debt was $14.2B ($12.9B long-term, $1.3B short-term) as of September 30, 2012. Edited January 28, 2013 by aneekr Quote Link to comment Share on other sites More sharing options...
jpd80 Posted January 28, 2013 Share Posted January 28, 2013 (edited) Anyone know when Ford will post their 4th quarter earnings? What is the approximate debt balance Ford has? At one point it was close to $30 billion, but I read somewhere its now near $12 billion? Anyone know? As of Q3 2012, Ford has gross cash of $24.1 Billion and Debt of $14.2 Billion, so that means they were at least $9.9 billion cash positive. Q4 will be another very positive result in North America that's pulled down by trouble in Europe and flat returns for FAPA and South America, China should be steaming ahead strongly though... Edited January 28, 2013 by jpd80 Quote Link to comment Share on other sites More sharing options...
mustang84isu Posted January 29, 2013 Share Posted January 29, 2013 Right or wrong, I bought more shares of Ford today. I'm leaning toward earnings being a beat, but even if they don't Ford still has a lot of growth potential in 2013. January is supposed to be the first strong month of '13 Fusion sales, Ford continues to do well in China, and Europe is looking less bleak by the day. We had a bit of a drop last week so I think lowered expectations have already been priced in. Quote Link to comment Share on other sites More sharing options...
twmalonehunter Posted January 29, 2013 Share Posted January 29, 2013 (edited) Profit was a nice beat, 31 eps vs 26 but I'm afraid the European outlook for 2013 will drive the stock price down today. Edited January 29, 2013 by twmalonehunter Quote Link to comment Share on other sites More sharing options...
Pioneer Posted January 29, 2013 Share Posted January 29, 2013 http://www.detroitnews.com/article/20130129/AUTO0102/301290366/Ford-reports-5-67-billion-net-income-2012 Quote Link to comment Share on other sites More sharing options...
Biker16 Posted January 29, 2013 Share Posted January 29, 2013 http://media.ford.com/article_display.cfm?article_id=37588 Ford Posts Highest Fourth Quarter Pre-Tax Profit in More Than a Decade; Full Year Pre-Tax Profit of $8 Billion and Net Income of $5.7 Billion+Download Full Financial Release (PDF)Download Slides (PDF) Strong full year pre-tax profit was $8 billion, or $1.41 per share, a decrease of $797 million from a year ago Full year net income was $5.7 billion, or $1.42 per share; excluding impact of 2011 changes in valuation allowance against deferred tax assets, full year 2012 net income was $307 million lower than 2011 Positive Automotive operating-related cash flow was $3.4 billion for the full year and $1 billion for the fourth quarter — the 11th consecutive quarter of positive performance. Ford ended 2012 with Automotive gross cash of $24.3 billion, exceeding debt by $10 billion, and a strong liquidity position of $34.5 billion, an increase of $2.1 billion over 2011 Ford had its highest fourth quarter pre-tax profit in more than a decade — when trucks and SUVs were a more significant portion of the U.S. product mix — at $1.7 billion, or $0.31 per share, an increase of $577 million from fourth quarter 2011. Ford has now posted a pre-tax operating profit for 14 consecutive quarters Total company fourth quarter net income was $1.6 billion, or $0.40 per share; excluding impact of 2011 changes in valuation allowance against deferred tax assets, fourth quarter net income was $565 million higher than 2011 Total Automotive full-year pre-tax profit of $6.3 billion was driven by Ford North America results, which set fourth quarter and full year records for pre-tax profit and operating margin since Ford began reflecting the region as a separate business unit in 2000. For the full year, Ford North America's pre-tax profit was $8.3 billion with an operating margin of 10.4 percent Ford Credit reported continued solid performance with a full year pre-tax profit of $1.7 billion For 2013 outlook, Ford expects another strong year, with Total Company operating profit to be about equal to 2012, Automotive operating margin to be about equal to or lower than 2012, and Automotive operating-related cash flow to be higher than 2012 Quote Link to comment Share on other sites More sharing options...
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