Ford Q2 Earnings Highlights: Revenue Beat, EPS Miss, Transit Vans Hit Record, EV Sales Fall 37%
Ford Q2 Earnings Highlights: Revenue Beat, EPS Miss, Transit Vans Hit Record, EV Sales Fall 37%
Automotive giant Ford Motor Company (NYSE:F) reported second-quarter financial results after the market close Wednesday.
汽车巨头福特汽车公司（NYSE：F）于周三盘后公布了第二季度财报。
Here are the key highlights.
以下是要点亮点。
What Happened: Ford reported second-quarter revenue of $47.8 billion, up 6% year-over-year. The revenue beat a Street consensus estimate of $44 billion according to data from Benzinga Pro.
发生了什么：福特报告第二季度营收478亿美元，同比增长6%。据来自贝芝加Pro的数据，营收超出了华尔街的预期440亿美元。
The company reported quarterly earnings per share of 47 cents, missing a Street consensus estimate of 68 cents.
该公司报告第二季度每股收益为47美分，低于华尔街预期的68美分。
Here is Ford's revenue by operating segment and the year-over-year performance:
以下是福特各业务板块的营收和同比表现：
- Ford Blue: $26.7 billion, +7%
- Ford Model e: $1.1 billion, -37%
- Ford Pro: $17 billion, +9%
- 福特蓝色：267亿美元，增长7%
- 福特模型E：11亿美元，下降37%
- 福特Pro：170亿美元，增长9%
Here is the EBIT by operating segment:
以下是各业务板块的EBIt：
- Ford Blue: $1.7 billion
- Ford Model e: negative $1.14 billion
- Ford Pro: $2.56 billion
- 福特蓝色：17亿美元
- 福特模型E：负11.4亿美元
- 福特Pro：25.6亿美元
The company said it is the No. 1 gas-powered vehicle, No. 2 electric vehicle and No. 3 hybrid vehicle brand in the United States.
该公司表示，它是美国排名第一的燃油车、第二的电动车和第三的混合动力车品牌。
Hybrid vehicle sales were up 34% year-over-year in the second quarter and represented 9% of the company's global vehicle mix.
第二季度混合动力车销量同比增长34%，占全球车辆销售的9%。
The Ford Model e loss comes with the company citing industrywide pricing pressure and having lower wholesales.
福特模型E的亏损归因于行业定价压力和批发量下降。
"Those factors more than offset about $400 million in year-over-year cost reductions in the segment," the company said.
该公司表示，“这些因素超过了该业务板块约4000万美元的年同比成本削减。”
Ford saw record volume for its Transit commercial vans in the quarter and added that customers are buying every Super Duty truck and Transit van the company can make. Ford plans on adding capacity of up to 100,000 Super Duty trucks in the company's Ontario factory.
福特商务货车在此季度实现创纪录的销量，该公司补充说，客户正在购买公司能够生产的每一辆超级Duty卡车和Transit商务车。福特计划在安大略工厂增加多达10万辆超级Duty卡车的产能。
"Our underlying quality is improving, and Ford Pro is showing the huge upside we've got in all our businesses," Ford CEO Jim Farley said.
福特CEO吉姆·法利表示，“我们的基础质量正在提高，福特Pro展示了我们在所有业务板块中拥有的巨大上升空间。”
Read Also: Ford Gears Up For Q2 Earnings: Will Bullish Charts Overcome Recent Dip?
阅读也可参考：福特准备迎接第二季度财报：看好的图表能克服最近的下跌吗？
What's Next: Ford reiterated guidance for full-year fiscal 2024 EBIT in a range of $10 billion to $12 billion.
下一步工作：福特重申了预计2024财年EBIT的范围为100亿美元至120亿美元。
The guidance includes the following segment outlooks for full-year EBIT:
该指引包括以下业务板块的全年EBIT展望：
- Ford Pro: $9 billion to $10 billion
- Ford Blue: $6 billion to $6.5 billion
- Ford Model e: negative $5 billion to negative $5.5 billion
- 福特Pro：90亿至100亿美元
- 福特蓝色：60亿至65亿美元
- 福特Model e：负50亿至负55亿美元
The company sees free cash flow coming in a range of $7.5 billion to $8.5 billion, an increase of $1 billion from previous guidance.
公司预计自由现金流将在75亿至85亿美元区间内，比之前的预测增加10亿美元。
"We still have lots of work ahead of us to raise quality and reduce costs and complexity, but the team is committed and we're heading in the right direction," Ford CFO John Lawler said.
福特的首席财务官John Lawler表示：“我们仍然有很多工作要做，以提高质量，降低成本和复杂性，但整个团队都很努力，我们正在走向正确的方向。”
Ford will report third-quarter financial results after market close on Oct. 28.
福特将于10月28日收市后公布第三季度财务业绩。
F Price Action: Ford shares are down 11.19% to $12.14 in after-hours trading Wednesday versus a 52-week trading range of $9.63 to $14.85.
F股价表现：周三盘后交易中，福特股价下跌11.19%，报12.14美元，52周交易区间为9.63至14.85美元。
- Ford Rolls Out 0% Financing On F-150 Lightning, Mach-E: Potential EV Sales Surge Ahead?
- 福特推出F-150 Lightning和Mach-E的0%融资：潜在的电动汽车销售激增？
Photo courtesy of Ford.
图片来自福特公司。