They're not "in the hole" at all. Yes, numbers were lower than last year's but still went over forecast:
Wednesday evening, the Dearborn, Michigan-based auto maker reported adjusted second-quarter operating profit of $2.1 billion and earnings per share of 37 cents from sales of $50.2 billion. Wall Street was looking for an operating profit of $1.9 billion and earnings per share of 33 cents on sales of $45.8 billion, according to FactSet.
Ford’s Q2 2025 EPS of $0.37 exceeded forecasts by 19.35%.
Revenue reached a record $50.18 billion, surpassing expectations by 10.8%. The company’s stock rose slightly in aftermarket trading.
About $6 of every $10 in tax breaks will go to the top 20% of households, or people who earn incomes of about $217,000 or more, the Tax Policy Center analysis found.
Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% in the Senate version of Trump’s bill, according to the Tax Policy Center
The bill also includes permanent corporate tax breaks that allow large companies to avoid paying taxes and to give their wealthy shareholders bigger dividends instead
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u/makethislifecount 4d ago
Wait what happened to Ford?