Pomerantz LLP is investigating claims on behalf of investors of Ford Motor Company ("Ford" or the "Company") F. Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Ford and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On July 24, 2024, Ford issued a press release announcing its second quarter 2024 results, including non-GAAP EPS of $0.47, missing consensus estimates by $0.21, and revenue of $44.81 billion, missing consensus estimates by $70 million. In explaining these disappointing results, the Company cited increased warranty costs and losses associated with its electric vehicle division.
On this news, Ford's stock price fell $2.51 per share, or 18.36%, to close at $11.16 per share on July 25, 2024.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
