Ford Stock Lags Market Despite Slight Gain; Big Earnings Drop Expected
• Ford Motor Company (F) stock rose 0.08% but trailed the broader market • Ford is expected to report a 74.51% decrease in EPS and a 12.43% drop in revenue for the upcoming quarter • Analyst estimates for Ford have moved 2.76% lower over the past month • Ford trades at a lower forward P/E ratio (6.63) than its industry average (10.19) • The Automotive - Domestic industry, which includes Ford, ranks in the bottom 33% of Zacks industries