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Ford calls for a healthy 2024, and its stock rallies 6%
Ford MotorFord Motor(US:F) Market Watch·2024-02-07 05:28

Ford Motor Co.’s stock soared more than 6% in the extended session Tuesday after the carmaker reported quarterly revenue above Wall Street’s expectations and played up the growth of its hybrid-vehicle business. Ford F, +4.14% lost 526million,or13centsashare,inthefourthquarter,contrastingwithearningsof526 million, or 13 cents a share, in the fourth quarter, contrasting with earnings of 1.3 billion, or 32 cents a share, in the year-ago period. Adjusting for one-time items, including a pre-tax loss related to pensions, the carmaker earned 29 cents a share in the quarter, e ...