Ford Stock Jumps on Q1 Earnings Beat Led By Strong Commercial Sales
Ford MotorFord Motor(US:F) Investopedia·2024-04-24 22:40

Key TakeawaysFord reported adjusted earnings per share of 49 cents, which beat analyst's expectations of 42 cents.The Ford Pro segment continued to be the star performer with a 36% increase in revenue to $18 billion, while EV revenues remained flat on pricing pressures across the industry.Ford announced a dividend of 15 cents per share to be paid in June and delivered improved forward guidance for free cash flow and capital expenditures.Shares in the automaker rose more than 3% in after-hours trading. Ford ...