Jim Cramer Says “Ford Delivered Some Great Numbers”

Ford Motor Company (NYSE:F) is one of the stocks Jim Cramer recently provided insights on. Cramer highlighted the company’s recent performance in truck and SUV sales, as he commented:

“Management expects that the midpoint of its estimate a $1.75 billion hit to EBITDA, okay, from the Novelis fire from EBIT, not EBITDA, but it lowered its full-year adjusted EBIT outlook by just 750 million at the midpoint. So let’s think about this. Excluding the fire, Ford was actually taking up numbers. That was confusing initially, but wow… It also helped that Ford delivered some great numbers for the third quarter itself… Like GM, Ford saw some strong performance in trucks and SUVs. Its F-Series is on track to be America’s bestselling truck for 49 consecutive years. There’s a record for you…

Image by Marcin Machalski from Pixabay

Ford Motor Company (NYSE:F) sells Ford and Lincoln vehicles, including trucks, SUVs, cars, hybrids, and EVs. The company also provides parts, digital services, and financing solutions.

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Disclosure: None. This article is originally published at Insider Monkey.

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