(CNBC) Ford Motor came in short of Wall Street’s second-quarter earnings expectations while beating on revenue, due to warranty costs that have plagued the automaker for several years now. The automaker increased its full-year target for free cash flow but maintained its 2024 earnings guidance, disappointing some investors who had hoped for a hike.
Ford shares tumble 11% after massive earnings miss
This entry was posted in Syndicated. Bookmark the permalink.
