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Ford (F) Stock Up 4% Following Q3 EPS Beat, Reinstated Dividend
Ford Motor shares were trading around 4% higher after-hours following the company’s reported Q3 results, with EPS coming in at $0.51, beating the consensus estimate of $0.27. Quarterly revenue decreased by 4.8% year-over-year to $35.7 billion, compared to the consensus estimate of $33.11 billion.According to John Lawler, the CFO of Ford, the underlying strength of the business supports an increase in its full 2021-year adjusted EBIT guidance to $10.5 - $11.5 billion. The company’s expectations
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