Ford Motor has dodged some of the pain and losses that rival General Motors experienced in the second quarter.
Ford reported Wednesday $40.2 billion in revenue, a 50% increase from the same period last year, and an adjusted operating income that tripled to $3.7 billion. Those figures, which absolutely crushed Wall Street expectations, sent shares up as much as 6% in after-hours trading. Shares have since settled and are up 5.18%.
Analysts polled by Yahoo Finance expected Ford to hit $34.78 billion in revenue and earnings per share of $0.45 on average. Ford reported second-quarter adjusted earn
Ford posts Q2 profit, expects to produce 14,000 EVs this month
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