Ford blows away earnings expectations as consumers buy up trucks during pandemic

Incoming Ford CEO Jim Farley and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company's Michigan plant that produces the pickup.blew away Wall Street expectations as well as the company's forecasted earnings for the third quarter on stronger-than-expected demand during the coronavirus pandemic.

Analysts and investors are watching to see if Ford will be able to outperform its previous projections

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The market was down today but most of the ERs coming out are crushing it.

“Rises like .02 cents” 🤣

layoff.. truck goes back

Profiteering during a pandemic? Why did so many need trucks? Cuz our lives are nightmares! But glad you made your 💰💰💰💰💰

7% GDP growth for the quarter....... Best ever..... 50% reduction in unemployment since April... Fastest recovery in history.... Coupled with the next quarter and the beginning distribution of the vaccine, the GDP for next fiscal year will be over 4%

Россия Последние новости, Россия Последние новости

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Ford, GM, FCA report earnings for the most vital quarter since 2009 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. nice Ford 👌👍
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »