Ford Motor (NYSE: F) reported earnings after the market closed on May 5. The automaker’s report was better than expected, and the stock jumped nearly 3% the day after the report. The company beat on the top and bottom line with revenue of $40.66 billion, topping the forecast for $35.99 billion. Earnings per share of 12 cents beat analysts’ forecasts of negative 2 cents.
But this is likely a case of a company clearing a low bar. The real test will come as Ford stock is likely to face resistance near its 2025 high.
