Ford Motor Co.

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Other Pre-Announcement

Ford Previews Effect Of Parts Shortages On Q3 Performance

Published: 09/19/2022 20:42 GMT
Ford Motor Co. (F) - Ford Previews Effect of Parts Shortages on Q3 Performance, Reaffirms Full-year Adjusted Ebit Guidance of $11.5-$12.5b.
Ford Previews Effect of Parts Shortages on Q3 Performance, Reaffirms Full-year Adjusted Ebit Guidance of $11.5-$12.5b.
Ford Motor Co - Expects to Have About 40,000 to 45,000 Vehicles in Inventory at End of Q3 Lacking Certain Parts Presently in Short Supply.
Ford Motor Co - Says "vehicles on Wheels" Awaiting Those Parts Disproportionately Include High-demand, High-margin Models of Popular Trucks and Suvs.
Ford Motor Co - Anticipates Q3 Adjusted Ebit of Between $1.4 Billion and $1.7 Billion.
Ford Motor Co - Advises That Completing Such Vehicles Will Shift Some Revenue and Ebit to Q4.
Ford Motor Co - Based on Recent Negotiations, Inflation-related Q3 Supply Costs Will Be About $1.0 Billion Above Plan.
Ford - Supply Shortages to Result in Higher-than-planned Number of "vehicles on Wheels" Built But Remaining in Ford's Inventory Awaiting Parts, at Q3 End.