Ford’s third-quarter profit falls, full-year profit outlook cut - News Daily

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Wednesday, October 23, 2019

Ford’s third-quarter profit falls, full-year profit outlook cut

By Ben Klayman and Paul Lienert DEARBORN, Mich. (Reuters) - Ford Motor Co on Wednesday posted a lower quarterly profit as it took charges for its global restructuring, and reduced its full-year operating profit forecast due to higher warranty and incentive costs, as well as lower-than-expected sales in China. The revised forecast sent shares down 2.5% in after-hours trading

The post Ford’s third-quarter profit falls, full-year profit outlook cut appeared first on Firstpost.



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