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0.00343195266272195 0.000986193293885581 0.00197238658777116 0.0039447731755425 0.0172386587771203 0.0039447731755425 0.00295857988165692 0.00690335305719924
Stock impact report

Ford's stock falls after revenue warning [MarketWatch]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: MarketWatch
Shares of Ford Motors Co. dropped 3.6% in morning trading Monday, after the automaker warned of a first-quarter revenue miss, citing the negative impact of the COVID-19 pandemic. The automaker said it is considering additional financing actions to boost cash as the pandemic has stalled global commerce. Ford expects to report revenue of $34 billion, which is below the FactSet consensus of $37.2 billion. The company said only its joint ventures in China are producing wholesale vehicles, and is considering a phased restart of its manufacturing plants and supply network beginning in the second quarter. As a result of lower production and demand, Ford said vehicle wholesales were down 21% from a year ago. Separately, Ford said it had $30 billion in cash on its balance sheet as of April 9, giving it enough cash to get through "at least the end of the third quarter" with no vehicle production and wholesales or financing actions. ""We continue to opportunistically assess all funding options t Show less Read more
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