Ford beats on third-quarter earnings but trims full-year profit guidance (F)

Oct 23 2019 by Business Insider

 

Ford beat analysis expectations for its 3rd-quarter profit and saw a slight decline in revenue. Ford also trimmed in full-year profit guidance. The No. 2 US automaker is in the midst of an $11 billion restructuring. Visit Business Insider's homepage for more stories.

Ford turned in a good quarter, but it's still dealing with significant challenges.

On Wednesday, Ford posted a lower quarterly profit as it took charges for its global restructuring, and reduced its full-year operating profit...

Continue Reading Ford beats on third-quarter earnings but trims full-year profit guidance (F)