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Thndr Claps » U.S. Claps » Automotive 🚗 » Ford will reveal expenses by unit 👀

Ford will reveal expenses by unit 👀

by Omar El Shorafa
March 23, 2023
Claps, Automotive

The Clap
Ford (NYSE:F) will begin reporting its financial results by unit rather than region, revealing how new business units performed.

What
Investors and analysts alike will be able to see profits and losses, revenue, margins, and EBIT for each business unit separately.

This also includes reporting separately for EVs, a unit where Ford is not expected to be profitable for a few years.

So What
Ford closed yesterday’s session down more than 2%.

Now What
Ford will report its Q1 2023 earnings using the new format on May 2.

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