Ford's Bullish Trend and Upcoming Earnings

Ford Motor Company (F) has recently exhibited a short-term bullish trend, crossing above the 20-day moving average. In the latest trading session, Ford's stock ended at $13.28, marking a 1.68% increase from the previous day's close. Over the past month, the stock has climbed 6.18%.

The company's earnings report is scheduled to be released on April 24, 2024. The expected earnings per share (EPS) is $0.44, representing a 30.16% fall compared to the same quarter of the previous year. The revenue, however, is expected to be $40.03 billion, a 2.42% increase compared to the year-ago quarter. For the annual period, earnings of $1.88 per share and a revenue of $166.3 billion are anticipated, indicating changes of -6.47% and +0.19%, respectively, from the last year.

Ford Motor Company is currently being traded at a Forward P/E ratio of 6.93, which is a discount compared to its industry's average Forward P/E of 15.3. This information, along with the company's recent performance and upcoming earnings report, is significant for those interested in Ford's stock.