NEW YORK (TheStreet) -- Shares of Ford Motor (F) - Get Report are up 0.04% to $13.86 in early-afternoon trading on Wednesday, ahead of the company's fiscal 2016 second quarter results, due out before the opening bell on Thursday.
Wall Street is expecting earnings of 60 cents per share on revenue of $36.31 billion. Last year, the company reported earnings of 47 cents per share on revenue of $35.1 billion for the same quarter.
The Dearborn, MI-based automaker's revenue is expected to grow due to higher production of trucks and sport-utility vehicles, the Wall Street Journal reports.
As a result, Ford expects 2016 pre-tax profit, earnings per share, automotive revenue and automotive operating margin for the current quarter to meet or surpass last year's results.
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Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:
We rate FORD MOTOR CO as a Buy with a ratings score of B-. 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 revenue growth, notable return on equity, attractive valuation levels, good cash flow from operations and impressive record of earnings per share growth. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
You can view the full analysis from the report here: F