Ford Motor Company (F) Q3 2024 adj. earnings rise and exceed estimates

Alpha Street
2024.10.28 20:14
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Ford Motor Company (NYSE: F) reported a 5% increase in Q3 2024 revenue, reaching .20 billion, driven by strong growth in its Ford Blue and Ford Pro divisions. Adjusted earnings rose to {{.Question}}.49 per share, exceeding expectations, compared to {{.Question}}.39 per share last year. The company also reported a net income of million or {{.Question}}.22 per share, down from .20 billion or {{.Question}}.30 per share a year earlier. CEO Jim Farley highlighted strategic decisions to enhance Ford's competitive edge in key areas.