The coronavirus pandemic crushed Ford's Q1 earnings - Business Insider

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The coronavirus pandemic crushed Ford's Q1 earnings, but the company has enough cash to deal with the crisis

reported $34.3 billion in Q1 revenue and a loss of $2 billion on an un-adjusted basis.

The stock declined 5% on the results, hovering just above $5, in after-hours trading. Year-to-date, shares have declined 42%. Stone also said that Ford expects to lose $5 billion in the second-quarter, as the pandemic severely impacts the company.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Ford give me the rebates and 0% for 84 and I’ll buy a new superduty tomorrow.

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Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Tesla Cybertruck compared to Ford F-150 and Porsche 911 - Business InsiderElon Musk compares the Tesla Cybertruck to the Ford F-150 and the Porsche 911 — here's how the futuristic vehicle stacks up “The Tesla Cybertruck debuted in late 2019.” They still even haven’t got a factory to make it. Two or more years away. Talk about it when it’s actually for sale and compare it to all other competitors coming up by then (Ford F150 EV, Hummer EV, Rivian EV and many more...). i see another UFO
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