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StockNews.com
StockNews.com
Business
Mangeet Kaur Bouns

Is Ford Stock a Buy Despite Its Profit Warning?

Ford Motor Company (F) designs, manufactures, markets, and sells a wide range of Ford trucks, cars, electrified vehicles, sport utility vehicles, and Lincoln luxury vehicles worldwide. The company operates through three business segments: Automotive; Mobility; and Ford Credit.

F delivered solid second-quarter 2022 operating results despite continued supply, economic, and political headwinds. Its total revenues came in at $40.19 billion, up 50.2% year-over-year, and its adjusted EPS grew 423.1% from the year-ago value to $0.68. The company witnessed strong demand for its first generation EVs, the Mustang Mach-E, the Lightning, and the E-transit.

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