Ford Stock Jumps on Strong Q4 Earnings and 2024 Outlook, News of Special Dividend
Key TakeawaysFord reported adjusted earnings per share of 29 cents, more than double analysts’ expectations, and projected 2024 earnings at the higher end of forecasts.Ford also announced a special 18 cents per share dividend to be paid in the first quarter.Losses in the company's electric vehicle business continued to mount, and are expected to widen further in 2024.Ford shares rose more than 6% in after-hours trading.Ford (F) shares rose more than 6% in after-hours trading Tuesday after the company report ...