Closing Bell Overtime: T-Mobile CEO Talks Latest Quarter, What AT&T and Verizon’s Lead Pipes Mean For The Industry; Is Intel’s Turnaround Kicking Into High Gear? 7/27/23
Closing Bell
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Ford Earnings Move Higher
The company earned 72 cents a share for the second quarter, well above expectations. Free cash flow of 2.9 billion versus 3.6 billion last year and an 8.4 percent overall margin. Ford now expects to hit a production run rate for its electric vehicles of 600,000 this year. The previous guidance was that it would not happen until perhaps 26.
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