DETROIT — Ford Motor Company announced quarterly earnings that exceeded Wall Street expectations, reporting adjusted earnings per share of $0.45 versus $0.36 estimated. The automaker’s total revenue reached $47.19 billion, surpassing projections of $43.08 billion, supported by strong vehicle demand and effective pricing strategies.
The company’s robust performance underscores Ford’s progress in streamlining its operations while navigating challenges in the electric vehicle sector and maintaining profitability amid rising production costs.
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