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

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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.

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 /  🏆 12. in PT
 

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