Ford Motor
expects a big fourth quarter, bouncing back from supply-chain-induced challenges experienced in the third quarter. Wall Street isn’t so sure things will turn as well as the company expects.
Wednesday, Ford (ticker: F) reported third-quarter operating profit of $1.8 billion, down from $3.7 reported in the second quarter. Ford didn’t finish some 40,000 vehicles due to lack of parts. The company expects to ship those in the fourth quarter, but it also said higher costs were part of the reason earnings declined sequentially.
Source: https://www.barrons.com/articles/ford-earnings-stock-wall-street-51666879804?siteid=yhoof2&yptr=yahoo