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Ford Missed Earnings, Will Pay Special Dividend, and Sold Rivian Stake

Por: MarketWatch Business February 03, 2023

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Wall Street was looking for earnings per share of about 62 cents, an operating profit of $3.4 billion, and sales of $40.6 billion. Operating profit for the full year amounted to $10.4 billion. Looking ahead, Ford expects to generate an operating profit of about $9 billion to $11 billion. Wall Street had projected 2023 operating profit in the midpoint of that, about $10 billion. Operating profits are expected to drop this coming year due to a... + full article



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