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Where the Ford Stock Price Is Headed After Q2 Earnings (NYSE: F)
The Ford stock price jumped 2.6% to $15 Tuesday morning after the automaker posted its highest ever quarterly profit in North America.
Ford Motor Co. (NYSE: F) earned $0.47 per share, or $1.9 billion, in Q2. That was comfortably better than earnings per share (EPS) consensus estimates of $0.37.
But an earnings beat isn't the only reason we're bullish on the Ford stock price...
The Ford stock price jumped 2.6% to $15 Tuesday morning after the automaker posted its highest ever quarterly profit in North America.
Ford Motor Co. (NYSE: F) earned $0.47 per share, or $1.9 billion, in Q2. That was comfortably better than earnings per share (EPS) consensus estimates of $0.37.
But an earnings beat isn't the only reason we're bullish on the Ford stock price...