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Sep 30, 2023
Ford Q3 2023 Earnings Report
Ford's Q3 2023 results showed growth potential of the Ford+ plan and the importance of quality and cost efficiency.
Key Takeaways
Ford's Q3 2023 revenue increased by 11% year-over-year to $44 billion, with a net income of $1.2 billion, a significant turnaround from the previous year's loss of $827 million. Adjusted EBIT rose to $2.2 billion.
Company revenue in the quarter was $44 billion, up 11% from third-quarter 2022.
Net income of $1.2 billion reversed a year-ago net loss of $827 million.
Adjusted EBIT in Q3 increased to $2.2 billion.
Cash flow from operations was $4.6 billion.
Revenue by Segment
Forward Guidance
Ford withdrew its full-year 2023 guidance pending ratification of the tentative U.S. labor agreement.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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