Ford Motor Co

F: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$13.00	Yvnh	Bhvtqknw

Ford Earnings: Third Quarter Has Excellent Pro Segment Profit but Also Continued Cost Headwinds

David Whiston

Oct 27, 2023

Ford’s third-quarter results only had about a $100 million EBIT hit from the United Auto Workers strike, but had higher year-over-year losses in the Model e electric vehicle segment. A disappointing $1.2 billion warranty headwind plus other cost increases led to an adjusted diluted EPS of $0.39, missing the Refinitiv consensus of $0.45, sending the stock down 4% in Oct. 26 afterhours trading.

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