Ford Stock Breaks Resistance as Markets Reward Profitable Growth Strategy
surged 10.9% to $13.68 in Friday trading after posting stronger-than-expected third-quarter results that underscored the automaker’s financial resilience, operational discipline, and renewed investor confidence. The move marked Ford’s sharpest single-day rally in over a year as the company’s execution on costs, profitability in Ford Pro, and measured approach to electric vehicle spending convinced markets that its turnaround strategy is taking firm hold.
Revenue climbed 9.3% year-over-year to $50.5 billion, comfortably topping Wall Street’s $43.8 billion estimate. Adjusted earnings per share came in at $0.45, above consensus expectations of $0.36, while net income rose to $2.4 billion, reflecting stronger pricing and mix. The…
