Ford earnings: Stock falling as automaker cuts 2024 guidance

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American automaker Ford (F) topped its third quarter revenue estimates, posting a figure of $46.2 billion against expectations of $41.2 billion while adjusted earnings per share came in line with forecasts of $0.49. Ford shares continue to slip lower as the company's full-year revenue guidance is leaning toward the lower-end of its forecast.

Yahoo Finance senior autos reporter Pras Subramanian details the top takeaways from Ford's earnings print, highlighting how Ford is stacking up with rival automakers General Motors (GM) and Stellantis (STLA).

Morningstar US autos equity strategist David Whiston laid out to Yahoo Finance why GM continues to outperform Ford. Also catch S&P Global Ratings autos managing director Nishit Madlani's analysis of Ford's earnings and broader EV market trends.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.