Ford stock jumps on third-quarter earnings, guidance, and dividend yield

Ford Motor Company (F) – Get a Ford Motor Company report It posted stronger-than-expected third-quarter earnings and boosted its full-year earnings guidance, with its dividend redistributed, amid what it called a “significantly improved” environment for global semiconductor supply.

Ford said adjusted earnings for the three months ending in September were pegged at 51 cents a share, down 15.4% from the same period last year, but well ahead of street expectations of 27 cents a share. Ford said group revenue fell 4.8% from a year ago to $35.7 billion, sharply exceeding analysts’ estimates of $32.5 billion.

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