Ford Motor Warns of Large FY 2021 Special Items

Ford Motor FY 2021 Special Items SEC 8K

Ken Zino of AutoInformed.com on Ford Motor Warns of Large FY 2021 Special Items

Click to Enlarge.

Ford is 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 Ford’s full-year adjusted EBIT or adjusted EPS. When Ford last provided full-year adjusted EBIT guidance with its Q3 results on Oct. 27, a ~$900 million gain was included in the forecast range of $10.5 billion to $11.5 billion.

Bookmark the permalink.

Leave a Reply

Your email address will not be published.