Ford is falling after guiding lower on earnings (F)

pulse

January 17, 2018 4:02 PM

The company said 2018 adjusted earnings would come in at about $1.45 to $1.70 per share.

The company said 2018 adjusted earnings would come in at about $1.45 to $1.70 per share.
Estimates had placed earnings at $1.68 per share, according to Bloomberg.
Ford is still expanding its lineup of electric vehicles and hopes to have 16 fully electric vehicles by 2022.
The company also said it wants to begin self-driving car production in 2021.
The carmaker is expected to report its full earnings on January 24.
Ford is down 1.03% this year.

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