Summary
Ford Motor Company filed an 8-K on November 2, 2009, announcing preliminary third-quarter 2009 financial results. The report primarily serves to incorporate by reference a news release issued on the same date, which details these results and provides context for upcoming investor and fixed-income analyst calls. The company intends to discuss both GAAP and non-GAAP financial measures, including revenue and profits excluding special items, and key cash metrics like Automotive operating-related cash flow and Automotive gross cash. Ford emphasizes that these non-GAAP measures are presented to offer investors a clearer view of ongoing operational performance.
Key Highlights
- 1Ford announced preliminary Q3 2009 financial results via an 8-K filing and accompanying news release on November 2, 2009.
- 2The company scheduled two conference calls for November 2, 2009, to discuss these results with the investment community and fixed-income analysts.
- 3Ford will present both U.S. GAAP financial measures and non-GAAP measures, such as revenue and profits excluding special items.
- 4Key cash metrics, including Automotive operating-related cash flow and Automotive gross cash, will also be discussed.
- 5Ford believes these non-GAAP measures provide investors with a better understanding of the company's ongoing operational performance.
- 6Webcasts and presentation materials for the calls will be available on Ford's shareholder website.
- 7Replays of the conference calls will be accessible for a limited period following the event.
Frequently Asked Questions
The primary purpose of this 8-K filing is to announce Ford Motor Company's preliminary third-quarter 2009 financial results and to incorporate by reference the detailed news release issued on November 2, 2009. It also provides information regarding upcoming conference calls for investors and analysts to discuss these results.
Ford will be discussing both U.S. Generally Accepted Accounting Principles (U.S. GAAP) financial measures and certain non-GAAP financial measures. These non-GAAP measures include revenue and profits excluding special items, Automotive operating-related cash flow, and Automotive gross cash. Ford believes these non-GAAP measures offer a more insightful view of ongoing operational performance.
Investors can access a listen-only webcast and supporting presentation materials for the conference calls on www.shareholder.ford.com. Specific dial-in numbers and passcodes are provided in the filing for both the general investment community call and the fixed-income analyst call. Replays of the calls will also be available for a limited time.
Ford uses non-GAAP financial measures, such as revenue and profits excluding special items, and specific cash metrics, to provide investors with measures that they believe are useful for understanding the results generated by the company's operations. These measures exclude items that Ford does not necessarily consider indicative of earnings from ongoing operating activities, offering a potentially clearer picture of performance.