Ford earnings reveal 'room for improvement': Analyst

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 34 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

Nishit Madlani News

Earnings Results,Ford,Revenue Expectations

Ford's (F) stock is declining following the release of mixed earnings results, with the automaker beating revenue expectations but falling short on earnings....

, with the automaker beating revenue expectations but falling short on earnings. S&P Global Ratings senior director and sector lead for autos, business & technology services Nishit Madlani joins Asking for a Trend to analyzeMadlani identifies a recurring theme in Ford's recent earnings: progress and cost reduction have been"slow and inconsistent relative to peers" in areas such as warranty expenses. He emphasizes that this"reduces cushion for underperformance.

I mean, this time, it looks like warranty, they've taken down their full year ebit for the blue segment down.So I mean, from our standpoint as A, as a credit R, it just reduces cushion for underperformance.

A double murder investigation been launched after two men died in an e-bike crash in Surrey. One man was pronounced dead at the scene, while the other died later in hospital on the same day, according to Surrey Police. Four people have been arrested over the incident, including a 29-year-old man from Sunbury on suspicion of murder.Negotiations on a ceasefire-for-hostages deal in the Gaza conflict appear to be in their closing stages and U.S.

 

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:

 /  🏆 47. 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.

BMO's veteran oil & gas stock analyst calls out 'glaring disconnect' in marketThe iShares S&P/TSX Capped Energy Index ETF, a basket of Canadian large-cap oil and gas companies, has climbed about 17% year-to-date, outperforming the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »