(Bloomberg) — Ford Motor Co., riding a wave of momentum from new models and new management, exceeded expectations with third-quarter earnings that outran the economic effects of the coronavirus pandemic.Fueled by strong sales of pricey pickups, Ford posted adjusted earnings per share of 65 cents, well above the 19 cents analyst consensus forecast, with adjusted earnings before interest and taxes of $3.6 billion compared with $1.8 billion a year ago.Shares of the company rose as much as 7.8% in postmarket trading after closing Wednesday at $7.70. The stock is down about 17% this year.Chief Financial Officer John Lawler said in …read more
Source:: Yahoo Finance
