Ford tops fourth-quarter estimates, guides toward strong 2024

Ford CEO Jim Farley at the company's Dearborn, Michigan, plant where it's building the electric F-150 Lightning on April 26, 2022.DETROIT — Ford Motor beat Wall Street's top- and bottom-line expectations for the fourth quarter, while forecasting better-than-expected results for 2024.The company's forecast for 2024 includes adjusted earnings before interest and taxes (EBIT) of between $10 billion and $12 billion, adjusted free-cash flow of $6 billion to $7 billion, and capital spending of $8 billion to $9.5 ...