Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Ford posted beat Wall Street's profit expectations in its third quarter as demand for for cars and trucks rebounded following coronavirus shutdowns.
The automaker says it made $2.39 billion, or 60 cents per share, as factories edged back to normal after the pandemic forced them to be close earlier in the year. New CFO John Lawler said Ford expects fourth-quarter pretax income to run from break even to a $500 million loss. But it expects to have positive pretax income for the full year.
"Were seeing the benefits of leaning into our strengths, our high demand, profitable vehicles," he said.
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