Ford’s Disquieting Quarter

The company did, it is true, manage to exceed expectations regarding revenue, achieving $42.4 billion against an anticipated $41.83 billion. However, as is so often the case, a pleasing surface appearance does not necessarily reflect underlying strength. Adjusted earnings per share fell short at $0.13, a modest return compared to the hoped-for $0.19. One might observe, with a touch of irony, that while the coffers appear full, the yield is disappointingly small.






