Ford Motor CompanyQ2 revenue miss and decline
Ford reported second-quarter revenues of $48.3 billion, down 3.8% year on year and 2.6% below analyst expectations, though adjusted operating income and EPS beat estimates. The stock has fallen 6.5% since the report and trades at $14.00. Among the ten automobile manufacturing stocks tracked, Rivian posted the biggest analyst estimate beat with revenues of $1.66 billion, up 27.2% year on year, while Winnebago delivered the weakest performance with revenues of $698.7 million, down 9.9% year on year. General Motors reported revenues of $48.03 billion, up 1.9% year on year, and its stock is up 15.7% since reporting.
Ford Motor CompanyQ2 revenue miss and decline
General Motors CompanyRevenue beat and stock up 15.7%
Rivian Automotive IncBiggest analyst estimate beat with revenue up 27.2%
Winnebago Industries IncWeakest performance with revenue down 9.9%