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Ford shares drop
Ford Trims Profit Forecast Over Costs, Hurricane Disruption
Ford Motor Co. cautioned that full-year earnings will be at the low end of its forecast as the carmaker struggles with warranty costs and supply disruptions tied to recent hurricanes.Adjusted earnings before interest and taxes this year will be about $10 billion,
Ford shares drop as supply snags and costs hurt profit forecast
Ford Motor shares fell 7.3% on Tuesday after the automaker tempered its full-year profit forecast, blaming supplier disruptions and warranty costs amid a global price war fueled by overcapacity.
Ford trims profit forecast over costs
Ford Motor Co says full-year earnings would be at the low end of its forecast as the carmaker struggles with warranty costs and supply disruptions tied to recent hurricanes.
15h
on MSN
Ford cuts profit forecast as high costs and low volumes hit hard
"Clearly, our strategic advantages are not falling to the bottom-line the way they should," Ford's CEO Jim Farley said in an ...
20h
Ford’s Third-Quarter Profit Falls as EV Losses Persist
The automaker projected a full-year profit at the bottom end of its guidance.
1d
on MSN
Automaker Ford weakens profit outlook amid price war, shares fall
Ford reported a lower third-quarter profit on Monday, hurt by ongoing challenges in the auto market, sending its shares down ...
16h
on MSN
Ford cuts 2024 earnings guidance due to warranty costs and slow pace of cost cutting
Stubbornly high warranty expenses and lagging cost-cutting efforts are holding back Ford Motor Co.’s profits this year, ...
1d
Ford Quarterly Profit Drops Almost 26% Due to $1B Write-Offs for Canceled Electric SUV
DETROIT (AP) — Ford's third-quarter net profit fell nearly 26% as the company took $1 billion in accounting charges to write ...
2h
on MSN
Analysts revise Ford stock price target after earnings
Ford reported third-quarter profit of 49 cents a share, up from 39 cents a year earlier and ahead of the consensus forecast ...
1d
Ford stock falls despite Q3 sales beat, as it guides to lower end of 2024 profit forecast
Ford will report third quarter earnings after the bell on Monday, following rival GM’s blowout Q3 result and third profit ...
1d
Ford Stock Drops After Automaker Misses Profit Estimates, Trims Guidance
Ford reported third-quarter profit that missed analysts' expectations and trimmed its full-year outlook, sending shares lower ...
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