Ford Production Rebound After Earnings Beat

2 days ago

Nathan Hager

"Also in the green after earnings, Ford is up over one over 4% in the pre-market trade. They did beat on profit and investors were excited to hear they do have plans to boost back their F-150 and super truck production as it plots a rebound from a fire that took out a key aluminum supplier earlier this year that did hamper sales of its very highly profitable F-S series of pickups. On the back of that fire, they did cut their guidance, but it does seem to be that investors are comforted that they do have a rebound plan in order to get production back online. I mean, the CEO also had some pretty decent things to say on tariffs, saying the impact is looking more reasonable for the company. So, Ford up higher after this beat on profit, up 4%."

Ford is receiving upbeat commentary due to a profit beat and a clear plan to rebound production following a supply chain disruption, which has boosted investor confidence.

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