Ford and Blackstone released their latest earnings reports before opening bell this morning. Ford posted adjusted earnings of 30 cents per share on $38.7 billion in sales. Analysts had been expecting 31 cents per share and $34.99 billion in revenue.
Blackstone reported profits economic net income of 68 cents per share or $1.6 million, compared to the analyst estimate of 66 cents per share. In the same quarter a year ago, the firm reported 37 cents per share or $435.7 million.
Ford’s results decline
Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonhoeffer Fund returned 3.5% net of fees in July, for a year-to-date return of -15.8%. Bonhoeffer Fund, LP, is a value-oriented private investment partnership for . . . SORRY! This content is exclusively for Read More
Ford’s GAAP losses were 20 cents per share, while net income was -$800 million, a decline of -$2.7 billion compared to the same quarter a year ago. Adjusted pretax profit was $2.1 billion, a decline of -$500 million in the year-ago quarter.