NEW YORK (TheStreet) -- Ford Motor Co. (F) - Get Free Report shares are tumbling 4.4% to $14.99 on Tuesday after the automaker reported its third quarter fiscal 2015 earnings results. Profit missed analysts' forecasts while revenue beat.
In addition, shares were being pressured by CFO Bob Shanks' statement in which he said that looking ahead, fourth quarter profitability will be hurt by higher season costs and potential payouts related to a new labor deal, according to the Wall Street Journal.
In the latest quarter, the Dearborn, MI-based company earned 45 cents a share on revenue of $38.1 billion
Analysts had estimated the company to earn 47 cents a share on revenue of $35.07 billion.
In the same period the year before, the company earned 24 cents a share on revenue of $34.92 billion.
Revenue in the recent quarter was lifted by strong sales in North America, South America and Europe. This helped to offset slowing new car demands in China, where the economy has been slowing down, negatively impacting industry sales, the Wall Street Journal noted.
Specifically, North American sales were $23.7 billion, and pretax profit was $2.7 billion, the company's record third quarter profit. Overall, the company saw higher wholesales, revenue, market share and improved margin.
Separately, TheStreet Ratings team rates PFIZER INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
We rate PFIZER INC (PFE) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.
You can view the full analysis from the report here: PFE