Ford beats profit expectations, reinforcing 2019 outlook [Toronto Globe and Mail (Ontario, Canada)]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Toronto Globe and Mail
Ford beats profit expectations, reinforcing 2019 outlook Ford Motor Co on Thursday posted a better-than-expected first-quarter as pickup truck sales remained strong in its core U.S. market and the company expressed greater confidence in its forecast that 219 would bring better results than last year. The news sent Ford shares up 1.6 per cent in aftermarket trading. Ford has launched a long restructuring of its business that will include cutting costs by $11 billion by 221 and overhauling its product lineup. Story continues below advertisement Chief Financial Officer Bob Shanks told reporters at company headquarters in suburban Detroit that Ford has more confidence that its 219 results will be better than last year’s, but said it is in a “volatile environment with very strong competition.” Shanks added that the first quarter was likely Ford’s best for the year. Virtually all of the No. 2 U.S. automaker’s profit was generated in the U.S. market, thanks to a strong performance by its bes
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- Test-Driving The 2024 Ford Maverick Lariat [Forbes]Forbes
- 2024 Ford F-150 Lightning Price Drops As More Electric Pickups Arrive [Forbes]Forbes
- Ford inches higher after six straight sessions of losses [Seeking Alpha]Seeking Alpha
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Earnings
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Sec Filings
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- 4/2/24 - Form PX14A6G
- F's page on the SEC website