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The increase was mainly driven by a better performance in its infrastructures business.
Wall Street analysts expect Ford to report adjusted earnings per share of 2 cents and automotive revenue of $36.21 billion.
The $1.5 billion hit Ford now expects comes despite relief granted to automakers last week. Trump spared imports subject to ...
Its metrics on the bottom line also improved. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) improved from a loss of $20.3 million to a profit of $42.6 million.
The group is also forecasting an adjusted earnings before interest and taxes margin of about 16% and net cash flow before dividends between roughly €550 million and €570 million.
The company now expects an adjusted earnings before interest, taxes, depreciation and amortization margin of between 31.3% and 31.8% for the year through Sept. 30 compared with previous ...
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