secwatch.observer — SEC 8-K summary
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Issuer:     FORD MOTOR CO (F)
CIK:        0000037996
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000037996-23-000066
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ford Q3 revenue up 11% to $44B, net income $1.2B; withdraws FY2023 guidance pending UAW deal ratification
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- Q3 revenue $44B (+11% YoY); net income $1.2B vs loss $827M; adjusted EBIT $2.2B.
- Ford Pro EBIT $1.7B (12% margin) on $13.8B revenue (+16%); Ford Blue EBIT $1.7B (+17%); Ford Model e EBIT loss $1.3B on EV price pressure.
- Withdrew FY2023 adjusted EBIT guidance of $11-12B pending ratification of tentative UAW labor agreement.
- Cash flow: operations $4.6B, adjusted free cash flow $1.2B; cash $29B, liquidity $51B.
- Organizational change: Kumar Galhotra named COO to lead end-to-end global industrial system.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/37996/000003799623000066/0000037996-23-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/37996/000003799623000066/f-20231026.htm
  HTML page:      https://secwatch.observer/filing/0000037996-23-000066

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer