Ford Analysts Break Down Q3 Earnings: ‘Beat, Raise, Swagger’

Ford Analysts Break Down Q3 Earnings: ‘Beat, Raise, Swagger’
The logo of U.S. carmaker Ford can be seen at the company's booth at the International Motor Show (IAA) Germany, in Munich, southern Germany, on Sept. 8, 2021. Christof Stache/AFP via Getty Images
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Ford Motor Company shares gained 8 percent on Thursday after the company reported a third-quarter earnings beat and surprisingly reinstated its dividend.

Ford reported third-quarter adjusted earnings per share (EPS) of 51 cents on revenue of $33.21 billion. Both numbers topped consensus analyst estimates of 27 cents and $32.54 billion, respectively. Revenue was down 5 percent from a year ago.