Ford Motor Posts Tepid Q4, FY 2021 Financial Results

Ford Q4 and FY 2021 Financial Results

Ken Zino of AutoInformed.com on Ford Motor Posts Tepid Q4 and Full Year 2021 Financial Results

Full-year net income was $17.9 billion with a company adjusted EBIT of $10.0 billion after the recent reclassifying of the Q1 Rivian gain warning shareholders and the capital markets that the $8.2 billion it earned from its Rivian investment after the public offering will not be included in full-year adjusted EBIT or adjusted EPS. Ford Credit posted solid results in Q4 with full-year earnings before taxes of $4.7 billion.

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