Ford Motor’s earnings are higher than forecast, sales are lower than Investing.com’s forecast

Investing.com – Ford Motor (NYSE: ) on Wednesday reported first-quarter earnings that beat expectations and revenue that fell short of forecasts.

The company reports earnings per share of $0.49 on revenue of $42.8B. Analysts polled by Investing.com had expected earnings per share of $0.42 on revenue of $42.94B.

Shares of Ford Motor rose 3.91% to trade at $13.55 in after-hours trading after the results were announced.

This year, Ford Motor shares are up 6% so far, pacing the S&P 500, which is up 6% year to date.

Ford Motor among the key stocks in the consumer discretionary sector this month

On Tuesday, Tesla reported first-quarter earnings per share of $0.45 on revenue of $21.3B, compared to forecasts of $0.49 on revenue of $22.27B.

Fast Retailing ADR reported lower-than-expected first-quarter earnings on April 11, which were earnings per share of $0.1878 on revenue of $5.15B. Investing.com analysts were expecting earnings of $0.1902 on revenue of $5.44B

Stay informed about all the results of the companies and their reports through the results calendar of nl.investing.com.