Ford Q1 earnings beat, rosy 2024 outlook, cost discipline welcome news

The new Ford F-150 truck will be launched at a celebratory event at the Ford Dearborn factory on April 11, 2024 in Dearborn, Michigan.

Bill Pugliano | Getty Images

Ford engine posted a higher-than-expected profit in the first quarter on Wednesday evening, driven by the strength of commercial activities. Positive updates to the full-year outlook sent shares up about 2.5% in after-hours trading.

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