Skip to main
Michael Graham avatar
Michael Graham
@MGraham24
•
$F (Ford Motor Company) reported their Q4 2021 earnings yesterday and guided for the year ahead, so let’s dive into it! First off, $F was expecting a Q4 revenue of $35.62 billion and an EPS of $0.41. They missed on both figures, reporting a Q4 revenue of $35.26 billion and an EPS of $0.26. The EPS miss seemed to worry investors, as at the time of writing this $F is down almost 5% in after-hours trading In their earnings call, Ford CEO Jim Farley described 2021 as a “year of important progress for the company” and “expect to deliver even stronger results this year”. Ford discusses their turn towards electric vehicles, and believes that although they are an 118 year old company, they can emerge as a winner in the industry moving forward. Mr. Farley also admits they are doing everything they can to increase production and break constraints, as demand has been difficult to keep up with. He also mentioned Ford is making progress outside of North America, and they feel that this is very important to their business. As with many earnings calls recently, questions about supply chain issues arose. Mr. Farley said that one lesson they have learned is that “[Ford] cannot manage the supply chain for these key components we have”. This is referencing the trouble they are having with semiconductors, and shows their need to design the SoC themselves, Mr. Farley says. When asked about a weaker than expected Q4, John Lawler, Ford CFO, said they “had supply chain constraints hitting us this quarter”. On top of this, he added “Omicron disrupted several of our key suppliers. They couldn’t produce. They couldn’t get us products”. This shows that pressures from the supply chain and omicron persist even for one of the largest automotive companies in the world, and it is reflected in weaker-than-expected earnings. “And then we saw costs come through from inflation. We saw costs come through on transportation, on fuel, et cetera. So we’re seeing some of those headwinds were hitting us in the fourth quarter. But demand was strong”. Mr. Lawler opened up about the inflationary struggles Ford dealt with in Q4, and how it was a strong headwind for them financially. Despite this, demand remained strong, which, if supply chain constraints can ease, will be beneficial for Ford. Supply strain constraints and inflationary pressures continue to put added pressure on many firms, and Ford is another added to the list. Demand remains strong but they cannot keep up with it. While this is a common theme across many sectors in the market, you hope to see reports that this is changing, but it seems we will keep waiting for good news. For full transparency, I do not own any shares of $F at the time of writing this. Thank you for reading! #invest #learning #publiccommunity #2022 #growth #earnings #Ford
0
0
Own your future.
Build your portfolio.

All of your investing.
All in one place.

Invest in stocks, ETFs, crypto, and alternative assets on Public. Transfer your account to Public and get up to $10,000.
Sign Up
Products
Contact Us
Check the background of this firm on FINRA’s BrokerCheck.
Open to the Public Investing, Inc. Customer Relationship Summary

© Copyright 2023 Public Holdings, Inc. All Rights Reserved.

Market data powered by Xignite.

Stocks and ETFs.
Brokerage services for US-listed, registered securities are offered to self-directed customers by Open to the Public Investing, Inc. (“Open to the Public Investing”), a registered broker-dealer and member of FINRA & SIPC. Additional information about your broker can be found by clicking here. Open to Public Investing is a wholly-owned subsidiary of Public Holdings, Inc. (“Public Holdings”). This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Open to the Public Investing is not registered. Securities products offered by Open to the Public Investing are not FDIC insured. Apex Clearing Corporation, our clearing firm, has additional insurance coverage in excess of the regular SIPC limits. Additional information can be found here.

Alternative Assets.
Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of 1933 (as amended) (“Regulation A”). This content is not investment advice. These investments are speculative, involve substantial risks (including illiquidity and loss of principal), and are not FDIC or SIPC insured. Alternative Assets purchased on the Public platform are not held in an Open to the Public Investing brokerage account and are self-custodied by the purchaser. The issuers of these securities may be an affiliate of Public, and Public (or an affiliate) may earn fees when you purchase or sell Alternative Assets. For more information on risks and conflicts of interest, see these disclosures.
An affiliate of Public may be “testing the waters” and considering making an offering of securities under Tier 2 of Regulation A. No money or other consideration is being solicited and, if sent in response, will not be accepted. No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification by the SEC or as stated in the offering materials relating to an investment opportunity, as applicable. An indication of interest to purchase securities involves no obligation or commitment of any kind.

Crypto.
Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Apex Crypto is not a registered broker-dealer or a member of SIPC or FINRA. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Apex Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Please ensure that you fully understand the risks involved before trading: Legal Disclosures, Apex Crypto.

Treasuries.
U.S. Treasuries (“T-Bill“) investing services on the Public Platform are offered by Jiko Securities, Inc. (“JSI”), a registered broker-dealer and member of FINRA & SIPC. See JSI’s FINRA BrokerCheck and Form CRS for further information. When you enable T-Bill investing on the Public platform, you open a separate brokerage account with JSI (the “Treasury Account“).

JSI uses funds from your Treasury Account to purchase T-bills in increments of $100 “par value” (the T-bill’s value at maturity). T-bills are purchased at a discount to the par value and the T-bill’s yield represents the difference in price between the “par value” and the “discount price.” Aggregate funds in your Treasury Account in excess of the T-bill purchases will remain in your Treasury Account as cash. The value of T-bills fluctuate and investors may receive more or less than their original investments if sold prior to maturity. T-bills are subject to price change and availability - yield is subject to change. Past performance is not indicative of future performance. Investments in T-bills involve a variety of risks, including credit risk, interest rate risk, and liquidity risk. As a general rule, the price of a T-bills moves inversely to changes in interest rates. See Jiko U.S. Treasuries Risk Disclosures for further details.

Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value.Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC. Such banking services and accounts are subject to transaction dollar amount and/or frequency limitations set forth in the Jiko Bank Account Limitations Disclosures.

JSI and Jiko Bank are not affiliated with Public Holdings, Inc. (“Public”) or any of its subsidiaries. None of these entities provide legal, tax, or accounting advice. You should consult your legal, tax, or financial advisors before making any financial decisions. This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy.

Commission-free trading of stocks and ETFs refers to $0 commissions for Open to the Public Investing self-directed individual cash brokerage accounts that trade the U.S.-listed, registered securities electronically during the Regular Trading Hours. Keep in mind that other fees such as regulatory fees, Premium subscription fees, commissions on trades during extended trading hours, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Open to the Public Investing’s Fee Schedule to learn more.

Fractional shares are illiquid outside of Public and not transferable. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see our Fractional Share Disclosure to learn more.

All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns.

View Full Disclosures