Ford Motor Co Says Expect To Record A Pre-Tax Remeasurement Loss In Our Q4 2023 Results Of ~$1.7B; Pre-tax Remeasurement Loss In Our Q4 2023 Includes A $500M Loss Associated With Pension Plans In The U.S.
Portfolio Pulse from Benzinga Newsdesk
Ford Motor Co anticipates a pre-tax remeasurement loss of approximately $1.7 billion in Q4 2023, which includes a $500 million loss related to U.S. pension plans.
January 24, 2024 | 9:21 pm
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Ford Motor Co is set to record a significant pre-tax remeasurement loss of around $1.7 billion in Q4 2023, which includes a $500 million loss from U.S. pension plans.
The announcement of a substantial pre-tax remeasurement loss is likely to negatively impact investor sentiment and could lead to a decrease in Ford's stock price in the short term. The specific mention of a $500 million loss associated with U.S. pension plans highlights a significant financial challenge that the company is facing, which may raise concerns about long-term liabilities and financial health.
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