Ford shatters Wall Street’s earnings expectations, raises guidance for the year on demand for new vehicles

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Ford shatters Wall Street’s earnings expectations, raises yearly guidance on new vehicle demand

The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021.nearly doubled Wall Street's earnings expectations and slightly beat revenue projections for the third quarter, leading the automaker to increase its annual guidance for the second time this year.

Ford shares jumped by about 5% during after-hours trading. The stock closed Wednesday down by 2.7% to $15.51 a share.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Nice! Do you think ford can pay back the bailout it took from the government in 09 now jimfarley98? Seems like the government could use some cash and Ford owes them…

jimcramer oh ok 👍🏻

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

What GM and Ford investors should know ahead of third-quarter earningsBoth General Motors and Ford Motor are expected to report solid third-quarter earnings Wednesday despite an ongoing global disruption of supply chains.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Japan stocks set to rise after major indexes on Wall Street close at record highsThe Dow Jones Industrial Average and S&P 500 sailed to record closing highs on Monday.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Wall Street sets more records as earnings season gears upWall Street ticked further into record heights Monday, as a better-than-expected profit reporting season gets into higher gear. It’s always a pleasure to read such records.
Källa: latimes - 🏆 11. / 82 Läs mer »

Asia stocks catch Wall St cheer but China caps gainsAsian stocks inched higher on Tuesday, as upbeat Wall Street earnings lifted the broader economic outlook though fresh worries about China's property sector hit Hong Kong and mainland markets.
Källa: Reuters - 🏆 2. / 97 Läs mer »