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Ford Motor (F) earnings Q3 2022

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2023 Ford F-150 Raptor R

Ford

DETROIT – Ford Motor is set to report its third-quarter earnings after the bell on Wednesday.

Here’s what Wall Street is expecting, according to Refinitiv consensus estimates:

  • Adjusted earnings per share: 27 cents
  • Automotive revenue: $36.25 billion

Ford last month set investor expectations for the third quarter by partially pre-releasing its results, including projected adjusted earnings before interest and taxes in the range of $1.4 billion to $1.7 billion. Some analysts were expecting a quarterly profit closer to $3 billion.

Ford attributed the lower-than-expected results to parts shortages affecting 40,000 to 50,000 vehicles as well as an extra $1 billion in…



Source cnbc.com

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