Ford S Big Profit Warning Is Actually Good News. Just Ask Wall Street.
There is a silver lining to Ford’s ugly Q3 2022 update. Leon Neal/Getty Images Ford Motor said parts shortages and inflation will leave it with third-quarter operating profit well below consensus estimates. However, Wall Street doesn’t seem that worried about Ford (ie: F) or its ilk. There are even some positives to take away from Ford’s stunning display. In Monday’s disclosure, Ford said it would not finish 40,000 to 45,000 of the higher-margin trucks and SUVs it had planned to produce until the end of the third quarter....