Ford Stock Is Putting The Pedal To The Floor Wednesday: What's Going On?
Portfolio Pulse from Adam Eckert
Ford Motor Co (NYSE:F) shares surged after reporting better-than-expected Q4 results, with a 4% year-over-year revenue increase to $46 billion, surpassing estimates. Earnings per share were 29 cents, beating the 13 cents forecast. Ford announced a regular dividend of 15 cents and a supplemental dividend of 18 cents per share, with optimistic full-year guidance including an adjusted EBIT of $10 billion to $12 billion and free cash flow of $6 billion to $7 billion. The company highlighted its diverse vehicle offerings and cost reduction strategies.

February 07, 2024 | 2:36 pm
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Ford's stock price increased following a report of strong Q4 earnings, revenue growth, and positive future guidance. The company also announced a regular and supplemental dividend.
Ford's better-than-expected Q4 earnings and revenue growth, coupled with a positive future outlook and dividend announcements, are likely to instill confidence in investors, driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100