Ford shares jumped before tumbling after hours on Monday, as the legacy automaker reported guidance that was on the low end of expectations. Like many other automakers, Ford continues to grapple with balancing the costs of EV production, high interest rates and a tapped out American consumer. Ford announced third-quarter revenue of $46 billion, with net income totaling $0.9 billion.
63 billion. Ford Pro EBIT Forecast unchanged at $9 billion, compared to the prior range of $9 billion to $10 billion. Ford Blue EBIT Now expected at $5 billion, down from the previous range of $6 billion to $6.5 billion. Ford Model e EBIT Loss Projected to be $5 billion, in line with earlier guidance of a $5 billion to $5.5 billion loss. Ford Credit EBT Anticipated to reach approximately $1.6 billion. Capital Expenditure Revised to $8 billion to $8.