Ford Q3 revenue $46B (+5% YoY), adjusted EBIT $2.6B; cuts FY2024 adj. EBIT guide to ~$10B

FORD MOTOR CO

2024-Q3 EPS reported $1.01 revenue$136,781,000,000

Net income $0.9B (down $0.3B YoY) includes $1B EV-related charge; diluted EPS $0.22.
Adjusted EBIT $2.6B (+$352M YoY); adjusted EPS $0.49.
Ford Pro revenue $15.7B (+13% YoY), EBIT $1.8B; paid software subs up 30% to ~630K.
Full-year 2024 adjusted EBIT now ~$10B (from prior $10-12B range); adj. FCF $7.5-8.5B.
Q4 dividend $0.15/share, payable Dec 2 to holders of record Nov 7.

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