Ford Stock Falls After Earnings. What Wall Street Thinks.

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Ford’s Maverick in hybrid form, with 37 mpg combined.

Ford photo

Ford Motor

‘s fourth-quarter earnings, reported Thursday evening, came in a little light, and financial guidance for 2022 didn’t blow investors away. The stock was trading lower


riday, and it could be a tough day for Ford bulls since Wall Street isn’t defending shares following the earnings miss.

Ford (ticker: F) stock was at $17.92 in early trading Friday, down 9.9%. The

S&P 500
is up about 0.4%, while the

Dow Jones Industrial Average
has fallen about 0.1%.

The company reported 26 cents in adjusted per-share earnings. It posted $2 billion in operating income from $37.7 billion in sales. Wall Street expected earnings of 45 cents a share along with $2.8 billion in operating income from $34.5 billion in vehicle sales.

Looking ahead, Ford expects to earn about $12 billion in operating profit in 2022, right in line with analysts’ projections.

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