-- 根據彭博社彙整的一項調查,預計3月個人收入將成長0.3%,此前2月份下降了0.1%。 3月個人收入和消費報告將於美國東部時間週四上午8:30發布。 工資和薪水被視為對整體數據的一個適度支撐。 3月私部門非農就業人數增加了18.6萬人,此前2月減少了12.9萬人,但平均每週工作時間從34.3小時減少到34.2小時,當月總工時指數下降了0.2%。 3月份小時工資增加了0.2%。 在消費方面,剔除汽車、天然氣、建築材料、餐飲服務和飼料等商品PCE計算項目的控制組零售銷售額在3月份增長了0.8%,此前一個月增長了0.6%。 分析師預計,繼2月成長0.5%之後,3月個人消費支出將成長0.9%。經通膨調整後的實際個人消費支出(PCE)預計將成長0.3%,高於2月份的0.1%。 PCE價格預計將上漲0.7%,高於2月份報告的0.4%;核心PCE價格預計將上漲0.3%,高於2月份的0.4%。 分析師預計,整體PCE價格年增率將從2月的2.8%大幅加速至3.5%,而核心PCE價格年增速預計將從2月的3.0%上升至3.2%。
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Research Alert: F: Q1 Well Ahead Of Expectations, But Revised Guidance Raises Questions
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Ford (F) posted Q1 adjusted EPS of $0.66 vs. $0.14, well ahead of the $0.19 consensus. The beat was driven by stronger-than-expected sales and margins, as automotive revenue rose 6.4% to $39.82B ($1.0B ahead of consensus) and adjusted EBIT margin expanded 560 bps to 8.1%. Results included a $1.3B one-time IEEPA tariff benefit reflecting amounts paid between March 2025 and February 2026. Ford raised full-year adjusted EBIT guidance to $8.5B-$10.5B from $8.0B-$10.0B, the midpoint of which is well above the $8.87B consensus. Ford's guidance for 2026 adjusted FCF and capex was unchanged at $5B-$6B and $9.5B-$10.5B, respectively. Shares initially surged higher on the beat and increased guidance in after-hours trading, but quickly gave back the gains, as the release begged the question of why Ford didn't raise full-year earnings guidance by an even greater amount in light of the $1.3B IEEPA tariff benefit. It appears to be mainly due to the company's expectation of a greater commodity cost headwind in 2026 (~$2B).