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Ford reports Q2 earnings beat but takes $800M tariff hit

W_Heisenberg

W_Heisenberg

Trade Representative of Heard and McDonald Islands
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Ford said its adjusted EBIT was impacted by $800 million in net tariff exposure in Q2. Last week, Big Three rival GM (GM) reported that profit dipped​


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finance.yahoo.com

Trump did that!
 
Still making money.

"For the quarter, Ford reported revenue of $50.2 billion vs $44.14 billion estimated per Bloomberg consensus, up 5% compared to a year ago. Ford posted adjusted earnings per share (EPS) of $0.37 vs. $0.33 expected, on adjusted EBIT (earnings before interest and taxes) of $2.1 billion vs $1.91 billion estimated."
 
Ford never runs out of excuses for being a dumpster fire and it’s always some else’s fault. The truth is it’s being dragged down by its EV unit - which it projects will be a $5.5 billion loss this year.
 
W_Heisenberg said:

Ford said its adjusted EBIT was impacted by $800 million in net tariff exposure in Q2. Last week, Big Three rival GM (GM) reported that profit dipped​


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finance.yahoo.com

Trump did that!
Click to expand...
Ford needs to talk to Mexico and Canada real soon...before Trump shitcans the USMCA and negotiates bilateral trade deals with each of those countries.
 
Ford is a kommanyst, woke, anti-Donald organization trying to make Dear Leader look bad.

Everyone knows other nations pay the Taco tariffs.
 
roberthughey said:
Still making money.

"For the quarter, Ford reported revenue of $50.2 billion vs $44.14 billion estimated per Bloomberg consensus, up 5% compared to a year ago. Ford posted adjusted earnings per share (EPS) of $0.37 vs. $0.33 expected, on adjusted EBIT (earnings before interest and taxes) of $2.1 billion vs $1.91 billion estimated."
Click to expand...

You pay for it. You pay for the tax. Leave the rest of us out of it.
 
Mycroft said:
Ford needs to talk to Mexico and Canada real soon...before Trump shitcans the USMCA and negotiates bilateral trade deals with each of those countries.
Click to expand...
What's wrong with the USMCA? It was Trump's first deal.
 
Mycroft said:
Ford needs to talk to Mexico and Canada real soon...before Trump shitcans the USMCA and negotiates bilateral trade deals with each of those countries.
Click to expand...
Or Ford could just ship the rest of itself offshore and sell to countries where people have money.
 
Airyaman said:
What's wrong with the USMCA? It was Trump's first deal.
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Trump went with it because he needed to dump NAFTA, but he has always been about bilateral trade agreements and against multilateral trade agreements.

Now is the time when he'll be talking to Mexico and Canada individually...not collectively.
 
Mycroft said:
Trump went with it because he needed to dump NAFTA, but he has always been about bilateral trade agreements and against multilateral trade agreements.

Now is the time when he'll be talking to Mexico and Canada individually...not collectively.
Click to expand...
It's fun to peak into your fantasies.
 
Mycroft said:
Trump went with it because he needed to dump NAFTA, but he has always been about bilateral trade agreements and against multilateral trade agreements.

Now is the time when he'll be talking to Mexico and Canada individually...not collectively.
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So he can make a deal everyone knows he will break the moment he needs a headline?
 
Luce said:
So he can make a deal everyone knows he will break the moment he needs a headline?
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There are no deals. There will be no deals. This is just Trump setting his foreign goods consumption taxes.
 
Mycroft said:
LOL!!

You should know by now that Trump achieves his goals.
Click to expand...
How's that war in Ukraine going? A bit past 24 hours since Trump took office...
 
Motor industry giant Ford says it expects tariffs to cost it about $2bn (£1.5bn) this year, which is more than previously expected, despite building most of its cars in America.

www.bbc.com

Ford says Trump tariffs to cost it $2bn this year

It is the latest indication of the impact of US President Donald Trump's tariffs on big American firms.
www.bbc.com www.bbc.com
 
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