Post-Earnings Report - Ford Motor

LONDON, February 27, 2015 /PRNewswire/ --

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Investor-Edge.com has issued free earnings report on Ford Motor Co. (NYSE: F). On January 29, 2015, the company reported its financial results for Q4 FY14 and full year FY14 (period ended December 31, 2014). Click on http://get.Investor-Edge.com/pdf/?c=Ford%20Motor&d=27-Feb-2015&s=F to read our free earnings review on Ford Motor Company (Ford). For Q4 FY14 and full-year FY14, after-tax net income attributable to Ford was $52 million, or $0.01 per diluted share, and $3.19 billion, or $0.80 per diluted share, respectively. Bob Shanks, Executive Vice-President and Chief Financial Officer at Ford, said that the company's 2014 results were driven by solid profitability in North America, strong results from Ford Credit, and record performance in Asia/Pacific. Our free coverage report can be accessed at:

http://get.Investor-Edge.com/pdf/?c=Ford%20Motor&d=27-Feb-2015&s=F

Earnings Overview 

During Q4 FY14, Ford's revenues came in at $35.9 billion, lower compared to $37.6 billion in Q4 FY13. The company's Q4 FY14 revenues outperformed Bloomberg analysts' forecast of $34.6 billion. In Q4 FY14, Ford's wholesale volume fell to 1.58 million from 1.61 million in Q4 FY13. Free research on F can be downloaded in PDF format at:

http://get.Investor-Edge.com/pdf/?c=Ford%20Motor&d=27-Feb-2015&s=F

In Q4 FY14, after-tax net income attributable to Ford declined by $3.01 billion, or $0.74 per diluted share, from $3.07 billion, or $0.75 per diluted share, in Q4 FY13. The Q4 FY13 results benefited from a favorable $2.1 billion special tax item, while Q4 FY14 results were impacted by $1.2 billion one-time charges for Ford's Venezuela operations, as well as "separation-related actions in Europe and Asia/Pacific" and settlement of company's 2016 convertible notes. Analysts at Bloomberg had expected after-tax net income attributable to Ford of $919 million, or $0.25 per diluted share, in the reported quarter.

During FY14, Ford's revenues fell to $144.1 billion from $146.9 billion in FY13. However, FY14 revenues outperformed Bloomberg analysts' forecast of $136.8 billion. For FY14, after-tax net income attributable to Ford fell by $4.00 billion, or $0.97 per diluted share, from $7.18 billion, or $1.77 per diluted share, in FY13. FY13 results included a onetime favorable $2.1 billion tax special item in Q4 FY13. Analysts at Bloomberg had expected after-tax net income attributable to Ford of $4.66 billion, or $1.11 per diluted share. Furthermore, Ford achieved record market share in Asia/Pacific, driven by record share in China in FY14. Sign up and read the free analyst's notes on F at:

http://get.Investor-Edge.com/pdf/?c=Ford%20Motor&d=27-Feb-2015&s=F

President and CEO of Ford, Mark Fields, said that 2014 was a solid yet challenging year for Ford - with the company's investments and a record number of new products launched around the world positioning the company for strong growth this year and beyond.

In its guidance for FY15, Ford expects to realize the benefits of its global product investment and growth strategies, and will continue its strong product push with 15 global vehicle launches. The company also anticipates its pre-tax profit, excluding special items, to be in the range of $8.5 billion to $9.5 billion. Mr. Shanks stated the company's management expects strong growth and improved financial performance in 2015 driven by the company's investments in new products and capacity. Visit Investor-Edge and access the latest research on F at:

http://get.Investor-Edge.com/pdf/?c=Ford%20Motor&d=27-Feb-2015&s=F

Stock Performance 

On the day of the earnings release, January 29, 2015, Ford's stock gained 2.70% to end the session at $14.85. Since then, the stock has mostly witnessed a positive trend. However, on the last close, Thursday, February 26, 2015, the company's shares finished 0.79% lower at $16.38, after vacillating between $16.37 and $16.57. A total of 20.78 million shares were traded which was below its three months average volume of 28.14 million shares. In the last one month and previous three months, the company's shares have gained 8.62% and 4.93%, respectively. Further, the stock has advanced 7.34% in the past one year. Shares in Ford are trading above their 50-day and 200-day moving averages of $15.38 and $15.94, respectively.

Sneak Peek to Corporate Insider Trading 

In the last one month, there were 15 corporate insider transactions done by four individuals. Between February 04, 2015 and February 18, 2015, a total of 507,713 shares were purchased at an average price of $9.75 per share and for a total value of $4.95 million. During the same period, a total of 477,790 shares, worth $7.70 million, were sold at an average price of $16.11 per share. The following are a few of the abovementioned transactions: on February 04, 2015, David L. Schoch, Group Vice-President and President of Asia/Pacific at Ford, bought 52,000 shares at an average price of $10.07 per share and sold an equal number of shares at an average price of $15.74 per share; on February 10, 2015, Felicia J. Fields, Group Vice-President, Human Resources and Corporate Services at Ford, purchased 109,803 shares at an average price of $4.56 and disposed an equal number of shares at an average price of $16.03 per share; and  on February 18, 2015, John Fleming, Executive Vice-President, Global Manufacturing and Labor Affairs at Ford, bought 320,910 shares at an average price of $11.26 per share and sold 290,987 shares at an average price of $16.22 per share. Complimentary in-depth research on F is available at:

http://get.Investor-Edge.com/pdf/?c=Ford%20Motor&d=27-Feb-2015&s=F

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