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2022-02-06

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Ford Slid Over 5% in Premarket Trading though It showed a Bullish 2022 Outlook

Ford slid over 5% in premarket trading though it showed a bullish 2022 outlook. It earned $12.3 bill

Ford Slid Over 5% in Premarket Trading though It showed a Bullish 2022 Outlook

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Adjusted for one-time items, Ford said it earned 26 cents a share.</p><p>Ford sales rose 5% to $37.7 billion. Analysts polled by FactSet expected the auto maker to report adjusted earnings of 45 cents a share on sales of $41.2 billion.</p><p>Chief Financial Officer John Lawler said during a call with reporters that Ford expects 2022 earnings before interest and taxes to grow by 15% to 25%, outpacing the predicted 10-15% increase in vehicle production. 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Ford Slid Over 5% in Premarket Trading though It showed a Bullish 2022 Outlook

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