Well they missed on top and bottom lines. Back to 15 bucks they go. Farley needs to go back on CNBC with his P-m poms!!
20 replies (most recent on top)
I'm back in when the stock hits $5.
Ford UAW getting around $7800. How does that compare with average AICP?? I assume it is $4k for salary drones??
@1wod+1f7MhJK3
I sure wish they had brought up the number they floated for data sales. I would love to hear them explain from where $45 BILLION will materialize to a group of financial analysts.
I could've told you this earnings PR would would not go well. Lawler and Jimbo failed to mention our connected data plans and the goals we have for it. Maybe they're waiting till next time? Big mistake.
One can tell how poor earnings will be by counting the number of fluffy press releases printed in the Detroit Free Ford Press in the days prior to earnings release date.
Makes me feel like I shouldn't have spent so much on degrees and got a job in a factory.
Gm union getting $10k profit sharing. How does that make you feel?
And Its Cold Potatoes ( AICP) for us.
Lawyer used just about every Corporate buzz phrase in his email to employees as he praised the results.
Stock now trading below $20. Expect it to go even lower tomorrow.
I wonder how Bill is feeling about those bragged about stock buys now?
100k that we have no chance of ever delivering. Vapor sales.
Farley will go on CNBC with the crook Jim Cramer and say we have another 100k orders for electric pickups. Trying to steal a page from Elon’s play book.
It looks like AICP will be shorthand for "Attention Indigents, Claim your Pittance" this year.
HC reduction accelerates.
Forget about AICP and now I wonder about merits. Interestingly, they have waited to announce AICP until after earnings- not coincidental folks. Now they have something bad to point to. They still made like 10B in 2021 and are on track for like 12-13 for 2022.
Still, they'll talk about the lower adj EPS and the fact we didn't hit our bottom line targets among other thing. BTW, GM's AICP is 200% of target. My bet is 50%.
Listening to Farley and Lawler talk about reducing the cost per vehicle was eerily similar to this week’s episode of American Auto…
Did Ford leaders talk about the profit opportunities of our big data and connected data initiatives? Or are they still keeping it hush hush and only for us internal to the company at this point?
Listening to the earnings call, all I can say is Farley needs to practice his reading skills. Among other skiills he is lacking.
To the last poster, notice they dropped the Smart, from Smart Mobility. Now just referred to as Mobility. :D
But but but now we have created a camera service, so when the door locks we sold you don’t work you can have a video of the thieves that drove away in your vehicle! Smart Mobility still losing over a BILLION DOLLARS per year, but we think there is a miraculous $45 Billion revenue stream there.
Ouch. The apologists here were saying we were easily going to clear the expected .45 EPS.
$.26 actual. Tomorrow the market will make us pay................