Ford Stock Jumps on Q1 Earnings Beat Led By Strong Commercial Sales
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 ...