The automaker has already braced investors for a roughly $2 billion net loss and 15.7% drop in revenue. Here are the highlights of theAn adjusted pretax loss of $600 millionWall Street is watching to see how much cash Ford burned in the quarter as well as any guidance for the second-quarter and beyond regarding the strength of its balance sheet and restarting U.S. production,
. Investors are also looking for updates on important product launches, such as the Ford Bronco SUV and redesigned F-150 pickup. Both were expected this year.on its balance sheet, including $15.4 billion of proceeds from borrowings last month against two existing credit lines. To further strengthen its cash position, Ford sold about $8 billion in bonds earlier this month, increasing its cash position by about 27%, it said April 17.
Expect nothing and you will not be disappointed!
I expect terrible earnings and futures to rise. Because the earnings are terrible. Makes sense...🤔🙄
Ford CEO will be replaced today announced on the call