Ford Motor Company (NYSE: F) said that it expects to earn adjusted pre-tax income of about $9 billion in 2017, down from $10.4 billion in 2016 — with most of the year-over-year drop coming in the first quarter.
Ford CFO Bob Shanks delivered the news in a briefing for investment analysts on Thursday, March 23. Here’s what he told Wall Street to expect from the Blue Oval in 2017.
Ford’s chief financial officer, Bob Shanks. Image source: Ford Motor Company.