Ford posts $1.7 billion quarterly loss, offers weak 2020 forecast

Malaysia News News

Ford posts $1.7 billion quarterly loss, offers weak 2020 forecast
Malaysia Latest News,Malaysia Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Ford Motor Co on Tuesday posted a fourth-quarter loss and provided a weaker-than...

FILE PHOTO: Ford Motor Co. shows the all-new electric Mustang Mach-E vehicle for a photo shoot at a studio in Warren, Michigan, U.S. October 29, 2019. REUTERS/Rebecca Cook/File Photo

The No. 2 U.S. automaker, struggling to complete a long-running restructuring and faced with continued losses in China, said it expects 2020 operating earnings in the range of 94 cents to $1.20 a share, below the $1.26 analysts were expecting, according to IBES data from Refinitiv.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ford shares slide after weaker-than-expected 2020 forecastFord shares slide after weaker-than-expected 2020 forecastFord Motor Co shares nosedived on Tuesday after it handed investors a weaker-tha...
Read more »

Google Parent Alphabet Is No Longer A $1 Trillion Company After Latest Earnings MissGoogle Parent Alphabet Is No Longer A $1 Trillion Company After Latest Earnings MissI am a New York—based reporter for Forbes, covering breaking news—with a focus on financial topics. Previously, I've reported at Money Magazine, The Villager NYC, and The East Hampton Star. I graduated from the University of St Andrews in 2018, majoring in International Relations and Modern History. Follow me on Twitter skleb1234 or email me at sklebnikovforbes.com
Read more »

Google Parent Alphabet Is No Longer A $1 Trillion Company After Latest Earnings MissGoogle Parent Alphabet Is No Longer A $1 Trillion Company After Latest Earnings MissI am a New York—based reporter for Forbes, covering breaking news—with a focus on financial topics. Previously, I've reported at Money Magazine, The Villager NYC, and The East Hampton Star. I graduated from the University of St Andrews in 2018, majoring in International Relations and Modern History. Follow me on Twitter skleb1234 or email me at sklebnikovforbes.com
Read more »

Amazon is officially worth $1 trillion, joining other tech titansAmazon is officially worth $1 trillion, joining other tech titansThe fifth time was the charm for Amazon.com Inc.
Read more »

Generate Capital Raises $1 Billion for Clean-Energy InvestmentsGenerate Capital Raises $1 Billion for Clean-Energy InvestmentsSan Francisco-based investment firm Generate Capital has raised $1 billion in new funding for clean-energy projects across North America, amid growing corporate and government interest in lowering carbon emissions
Read more »

Tesla investor Ron Baron sees $1 trillion in revenue in 10 years — and that won't be the endTesla investor Ron Baron sees $1 trillion in revenue in 10 years — and that won't be the endTesla stock closed up nearly 20% on Monday at a record high $780.00 a share. Shares of the automaker have climbed nearly 220% in the past six months.
Read more »



Render Time: 2025-03-01 19:32:33