Ford earnings reveal 'room for improvement': Analyst

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Nishit Madlani Nyheter

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.

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