Ford Q1 earnings beat, rosy 2024 outlook, cost discipline welcome news
Ford Motor posted better-than-expected first-quarter profit Wednesday evening, thanks to the strength of its commercial operations. Positive updates to the full-year outlook sent shares up about 2.5% in after-hours trading. Auto revenue rose 2% year over year to $38.89 billion, missing analyst expectations of $40.1 billion, according to LSEG estimates. Adjusted earnings per share fell … Read more
