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.
汽車巨頭福特汽車公司（NYSE：F）於週三盤後公佈了第二季度業績。
Here are the key highlights.
以下是要點亮點。
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.
發生了什麼：福特報告第二季度營收478億美元，同比增長6%。據來自貝芝加Pro的數據，營收超出了華爾街的預期440億美元。
The company reported quarterly earnings per share of 47 cents, missing a Street consensus estimate of 68 cents.
該公司報告第二季度每股收益爲47美分，低於華爾街預期的68美分。
Here is Ford's revenue by operating segment and the year-over-year performance:
以下是福特各業務板塊的營收和同比表現：
- Ford Blue: $26.7 billion, +7%
- Ford Model e: $1.1 billion, -37%
- Ford Pro: $17 billion, +9%
- 福特藍色：267億美元，增長7%
- 福特模型E：11億美元，下降37%
- 福特Pro：170億美元，增長9%
Here is the EBIT by operating segment:
以下是各業務板塊的EBIt：
- Ford Blue: $1.7 billion
- Ford Model e: negative $1.14 billion
- Ford Pro: $2.56 billion
- 福特藍色：17億美元
- 福特模型E：負11.4億美元
- 福特Pro：25.6億美元
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.
該公司表示，它是美國排名第一的燃油車、第二的電動車和第三的混合動力車品牌。
Hybrid vehicle sales were up 34% year-over-year in the second quarter and represented 9% of the company's global vehicle mix.
第二季度混合動力車銷量同比增長34%，佔全球車輛銷售的9%。
The Ford Model e loss comes with the company citing industrywide pricing pressure and having lower wholesales.
福特模型E的虧損歸因於行業定價壓力和批發量下降。
"Those factors more than offset about $400 million in year-over-year cost reductions in the segment," the company said.
該公司表示，“這些因素超過了該業務板塊約4000萬美元的年同比成本削減。”
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.
福特商務貨車在此季度實現創紀錄的銷量，該公司補充說，客戶正在購買公司能夠生產的每一輛超級Duty卡車和Transit商務車。福特計劃在安大略工廠增加多達10萬輛超級Duty卡車的產能。
"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，“我們的基礎質量正在提高，福特Pro展示了我們在所有業務板塊中擁有的巨大上升空間。”
Read Also: Ford Gears Up For Q2 Earnings: Will Bullish Charts Overcome Recent Dip?
閱讀也可參考：福特准備迎接第二季度業績：看好的圖表能克服最近的下跌嗎？
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：福特重申了預計2024財年EBIT的範圍爲100億美元至120億美元。
The guidance includes the following segment outlooks for full-year EBIT:
該指引包括以下業務板塊的全年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：90億至100億美元
- 福特藍色：60億至65億美元
- 福特Model e：負50億至負55億美元
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.
公司預計自由現金流將在75億至85億美元區間內，比之前的預測增加10億美元。
"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.
福特的首席財務官John Lawler表示：“我們仍然有很多工作要做，以提高質量，降低成本和複雜性，但整個團隊都很努力，我們正在走向正確的方向。”
Ford will report third-quarter financial results after market close on Oct. 28.
福特將於10月28日收市後公佈第三季度財務業績。
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股價表現：週三盤後交易中，福特股價下跌11.19%，報12.14美元，52周交易區間爲9.63至14.85美元。
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Photo courtesy of Ford.
圖片來自福特公司。