Ford shatters Wall Street’s earnings expectations, raises guidance for the year on demand for new vehicles

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Ford shatters Wall Street’s earnings expectations, raises yearly guidance on new vehicle demand

The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021.nearly doubled Wall Street's earnings expectations and slightly beat revenue projections for the third quarter, leading the automaker to increase its annual guidance for the second time this year.

Ford shares jumped by about 5% during after-hours trading. The stock closed Wednesday down by 2.7% to $15.51 a share.

 

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Nice! Do you think ford can pay back the bailout it took from the government in 09 now jimfarley98? Seems like the government could use some cash and Ford owes them…

jimcramer oh ok 👍🏻

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