Ford (F) Stock Surges on Earnings – Rally Faces EV & Recall Challenges
Earnings and Stock Reaction Ford’s shares spiked after the Oct. 23 earnings release. Trading jumped about 10% on Oct. 24, hitting $13.84 (a ~52-week high)ts2.techts2.tech. By Oct. 27 the stock had cooled slightly to the low-$13sts2.tech, but it remains near its high point. An Investopedia report noted Ford was the best-performing S&P 500 stock on that Friday morning, after investors “overlooked” the guidance cut to focus on the strong resultsinvestopedia.cominvestopedia.com. Ford’s beat was driven by booming truck and commercial vehicle sales. The company reported record Q3 revenue of $50.5B and a GAAP EPS of $0.60 (adjusted $0.45)reuters.comts2.tech, far exceeding analysts’ expectations.