[Eleutheria5]

Last I checked, Ford lost money for every vehicle it sold, thanks to UAW contracts. It’d be a good problem if Ford were a healthy company.

[TexasGator]

“Last I checked, Ford lost money for every vehicle it sold, thanks to UAW contracts. “

Ford earnings $0.71 per share. Dividend almost $2 per share.

[setter]

“Last I checked, Ford lost money for every vehicle it sold, thanks to UAW contracts. It’d be a good problem if Ford were a healthy company.”

That is 100% not true. Ford has been making a healthy profit for years.

From WSJ:
The U.S.’s second-largest auto maker by sales reported revenue of $26.8 billion. Ford also raised its full-year pretax profit guidance to between $9 billion and $10 billion, up from $5.5 billion to $6.5 billion earlier. Ford shares rose about 4% in after-hours trading following the results.Jul 28, 2021