Ford reports earnings after the bell, and analysts expect billions in losses from the coronavirus pandemic

U.S. auto sales turned out to be more resilient than anticipated, and the company resumed normal shift operations at domestic plants a month ahead of schedule.

Wall Street is watching how much cash Ford burned in the quarter as well as any guidance on debt and its $11 billion restructuring plan. Jim Hackett of Ford Motor speaks at an event during the 2018 North American International Auto Show in Detroit, Michigan, U.S., on Jan. 14, 2018.

Fix Or Repair Daily. FORD.

Can't be good news if everybody is waiting until after close

Ford is a dinosaur of a company. Way behind the times and most of its products are poor quality, just like GM and Chrysler.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GE loses less cash than expected even as pandemic pummels earningsGeneral Electric Co lost less cash than estimated in the second quarter even as the coronavirus pandemic pummeled demand in its aviation business, resulting in a wider-than-expected quarterly loss. Losing less cash than expected is still a negative cash flow.
Source: Reuters - 🏆 2. / 97 Read more »

'Pandemic and advertiser boycott create heightened uncertainty': Here's what 3 analysts expect from Facebook's quarterly earnings | Markets InsiderFacebook will release second-quarter figures after markets close on Thursday, giving investors an update to how it's fared throughout the corona...
Source: BusinessInsider - 🏆 729. / 51 Read more »