Ford earnings: 32 cents per share, vs. 31 cents per share expected

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Ford shares were up more than 34% year-to-date through Wednesday but still down by about 2.6% over the past 12 months.

The Detroit automaker's U.S. sales declined 4.1% in the second quarter, hurt in part by the company's decision to discontinue the compact Focus, and a tight supply of the Explorer SUV as the company transitioned to a new Explorer model. Ford's China sales also fell nearly 22% in the second quarter from a year earlier.

Ford, which has slashed thousands of jobs this year, is also investing $11 billion by 2022 in electric and hybrid vehicles.

 

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Correction...you are gonna be sued soon for stuff like this. Too many guys.

Ya those criminal c—k suckers on cnbc were hyping F up last few months another successful pump n dump as I’m sure they dumped all of their shares before earnings lol

How come I’m reading 28cents/share

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