Ford stock sinks after earnings miss estimates

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Ford Model Nouvelles

Ford Blue,Ford,Profitability

Ford Motor (F) reported second quarter adjusted earnings per share of $0.47, well below the expected $0.67. Both the Ford Pro and Ford Blue units reported...

Both the Ford Pro and Ford Blue units reported better-than-expected revenue for the quarter, but Ford Model E, its EV unit, revenue fell short, $1.1 billion versus the estimated $1.31 billion. Ford Blue's EBIT was $1.17 billion versus the estimated $2.43 billion.

Uh, the company is keeping its full year EBIT forecast its profitability forecast unchanged here interest. Ford Earnings In Q2 Fall 35% As Auto Giant Continues To Expect Billions Of Dollars In Losses From EVs Jannik Sinner withdraws from Paris Olympics with tonsillitis to leave Novak Djokovic as top men's seedTracking-chip maker Impinj topped analyst estimates for the second quarter and with its outlook for the third quarter. PI stock jumped.Sir Keir Starmer has said the public finances are in “more severe crisis” than Labour thought before the election as he paved the way for “difficult” decisions in the autumn Budget.

 

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