Name: Disappointing Guidance, $1 Billion EV Loss Skids F Stock
Uploaded: 2024-10-29T16:40:53.633-05:00
Duration: 7 min 31 s
Description: Ford (F) disappointed investors on its earnings report. Cut guidance, ten-digit losses in its EV business and headwinds to the interest rate environment didn't raise confidence. However, CFRA's Garrett Nelson believes Ford can hit the gas on its outlook further down the road. He points to a tactic General Motors (GM) made as a way for Ford to win investors back.

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Ford (F) disappointed investors on its earnings report. Cut guidance, ten-digit losses in its EV business and headwinds to the interest rate environment didn't raise confidence. However, CFRA's Garrett Nelson believes Ford can hit the gas on its outlook further down the road. He points to a tactic General Motors (GM) made as a way for Ford to win investors back.

Disappointing Guidance, $1 Billion EV Loss Skids F Stock

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