2024-04-23 10:38:03 ET
Summary
- Ford Motor is expected to report 1Q24 earnings with muted expectations due to weaker-than-anticipated electric vehicle demand and inflation challenges.
- Ford Motor's stock price is dangerously close to the 200-day moving average line, indicating a vulnerable setup.
- Despite solid momentum in 1Q24, Ford Motor's sales growth prospects are poor, leading to a low valuation and concerns about future growth.
Ford Motor ( F ) is poised to report 1Q24 earnings on April 24, 2024, for which the market has relatively muted expectations.
Ford Motor, in January, announced that it would slash shifts for F-150 Lightning production amid weaker-than-anticipated electric-vehicle demand, a view that was shared by General Motors ( GM ) ....
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Ford Motor Needs More Than A Good Earnings Report