Summary
This 8-K filing by Ford Motor Company (F) announces the company's second quarter 2015 financial results, which are detailed in a news release furnished as an exhibit. The filing indicates that Ford will host two conference calls on July 28, 2015, to discuss these results. The first call, led by senior management including the CEO and CFO, will cover overall company performance, while a second call will focus specifically on the results of Ford Motor Credit Company. The company also highlights its practice of presenting financial measures both on a GAAP basis and on an adjusted basis, excluding "special items" or with other adjustments. Ford believes these adjusted measures provide a clearer view of ongoing operational performance by excluding items related to capacity adjustments and non-indicative earnings drivers.
Key Highlights
- 1Ford Motor Company is announcing its Q2 2015 financial results via an 8-K filing, with detailed information provided in an accompanying news release.
- 2Two conference calls are scheduled for July 28, 2015, to discuss Q2 2015 financial results: one for overall company performance and another for Ford Motor Credit Company.
- 3Ford emphasizes the use of adjusted financial measures, excluding 'special items' and other adjustments, to offer investors a view of ongoing operational performance.
- 4The company believes these adjusted measures help in evaluating results by excluding items related to production capacity and cost structure adjustments.
- 5Key cash metrics, including Automotive operating-related cash flow, Automotive gross cash, and net interest, will be discussed, with Ford explaining their relevance to operational cash generation.
- 6Supporting materials and presentations for the conference calls will be made available on Ford's shareholder website.