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Ford is set to report earnings on the heels of its tentative deal with the UAW

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Ford will report earnings less than 24 hours after reaching a tentative deal with the UAW to end costly strikes.

Those results would be increases of more than 50% in adjusted EPS and 10.8% in automotive revenue compared to a year earlier.

The overall cost increase of the agreement, which must still be ratified by members, is estimated to be $6.2 billion over the terms of the four-and-a-half-year deal, according to Deutsche Bank. It also includes reinstatement of cost-of-living adjustments, a three-year path to top wages and right to strike over plant closures. among other significantly enhanced benefits.

 

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Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »