Company Of The Day: Ford
What?
Ford (NYSE:F) published a stronger than expected set of Q3 2021 results, with revenue coming in at $35.7 billion and net income standing at $1.8 billion. The company also raised its full-year guidance for the second time this year and noted that it would reinstate its regular dividend starting from Q4.
Why?
- With F-150 EV Production Cut 50%, What Lies Ahead For Ford Stock?
- What To Expect From Ford’s Q3 Earnings?
- Will Strong F-Series Sales Power Ford’s Q2 Results?
- Can Ford Stock Return To Its Pre-Inflation Shock Highs
- Higher Truck Sales Will Drive Ford’s Q1 Results
- Ford’s Q4 Results Were Tough, But Things Could Get Better
The company indicated that it was seeing strong demand for its newer products such as the Bronco SUV and Mustang Mach-E. Moreover, semiconductor availability also improved sequentially, helping production.
So What?
Ford stock soared by almost 9% in after-hours trading on Wednesday.
See Our Complete Analysis For Ford
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