Ford Delivers Wins on EPS, Revenue For its Second Quarter

Ford showed up with a strong Q2 report card, delivering beats on EPS ($0.42 versus $0.36 anticipated) as well as revenue ($44.89 billion against $44.72 expected). As a result, Ford lifted its guidance, with a projected EBIT of $10 billion-$11 billion as compared to $8.5 billion to $10.5 billion previously (more).