DETROIT — Ford Motor is about to report its third-quarter earnings after the bell Monday.

Here’s what Wall Avenue is anticipating, in accordance with common estimates compiled by LSEG:

• Earnings per share: 47 cents adjusted
• Automotive income: $41.88 billion

These outcomes would mark a 1.7% uptick in automotive income in contrast with the identical interval a 12 months earlier and a 19.9% enhance in adjusted earnings per share.

Ford’s 2023 third quarter included $41.18 billion in automotive income, web revenue of $1.17 billion, or 30 cents per share, and adjusted earnings earlier than curiosity and taxes of $2.2 billion, or 39 cents per share.

The Detroit automaker will look to rebound from a disappointing second quarter during which sudden guarantee prices brought about the corporate to overlook Wall Avenue’s earnings expectations.

Ford’s inventory is down by greater than 7% this 12 months.

The automaker is below strain to carry out following crosstown rival Basic Motors simply topping Wall Avenue’s third-quarter expectations and elevating key 2024 steering targets.

Ford’s 2024 steering as of its second-quarter ends in late July included adjusted earnings earlier than curiosity and taxes, or EBIT, of between $10 billion and $12 billion and adjusted free money move of between $7.5 billion and $8.5 billion.

That is breaking information. Please examine again for updates.