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Ford Raises EBIT Guidance to $11B Despite Massive Charge

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Ford Raises EBIT Guidance to $11B Despite Massive Charge

Ford generated $48.3 billion in revenue and raised its full-year EBIT guidance to between $10 billion and $11 billion due to robust pricing power. Despite reporting a net loss driven by a one-time $3.6 billion special charge for a battery joint venture, Ford's underlying operational performance remains strong. Software growth is accelerating ...

62 views1 month ago

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