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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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

Wall Street analysts expect adjusted earnings per share of 45 cents.Those results would be increases of more than 50% in adjusted EPS and 10.8% in automotive revenue compared to a year earlier.

The deal includes 25% pay increases over the terms of the agreement, including an initial increase of 11%. The raises and benefits cumulatively raise the top wage to more than $40 an hour, including an increase of 68% for starting wages to over $28 an hour.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Ford is set to report earnings on the heels of its tentative deal with the UAWFord will report earnings less than 24 hours after reaching a tentative deal with the UAW to end costly strikes.
Source: NBCDFW - 🏆 288. / 63 Read more »

Ford earnings: What to expect from the carmaker after tentative agreement with UAWFord may follow GM in withdrawing guidance for the year
Source: MarketWatch - 🏆 3. / 97 Read more »