Ford Raises FY23 Adj. EBIT Guidance To $11B-$13B, Sees Adj. Free Cash Flow $6.5B-$7B
Portfolio Pulse from Bill Haddad
Ford has increased its FY23 adjusted EBIT guidance to $11B-$13B and anticipates an adjusted free cash flow of $6.5B-$7B.
July 27, 2023 | 8:08 pm
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POSITIVE IMPACT
Ford's increased FY23 EBIT guidance and anticipated adjusted free cash flow could indicate a positive financial outlook, potentially impacting its stock price.
Ford's increased EBIT guidance for FY23 and anticipated adjusted free cash flow suggest a positive financial outlook. This could lead to increased investor confidence, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100