#strategymarketcappassesford
Cramer still likes Farley. He likes GM's chart more.
Stop with the recalls, he said. Quietly, Mary Barra is doing better. Ford Pro software subscriptions grew 35% in Q2. Full-year EBIT guide rose to $10–$11 billion from $8–$10 billion. EV burned $1.3 billion; a full-year EV loss could hit $4 billion. Q2 revenue fell $1.9 billion to $48.3 billion.
GM took $2.3 billion of EV charges and $4.1 billion of EV reset payments in the first half, still printed a $1.3 billion Q2 profit. Sales $48 billion, up 1.9%. Buybacks up to $6 billion. Forward P/E: GM 5.74 versus Ford 7.46.
Farley's the guy. The chart is Barra's.$MMT $ZIL $BEAMX
Cramer still likes Farley. He likes GM's chart more.
Stop with the recalls, he said. Quietly, Mary Barra is doing better. Ford Pro software subscriptions grew 35% in Q2. Full-year EBIT guide rose to $10–$11 billion from $8–$10 billion. EV burned $1.3 billion; a full-year EV loss could hit $4 billion. Q2 revenue fell $1.9 billion to $48.3 billion.
GM took $2.3 billion of EV charges and $4.1 billion of EV reset payments in the first half, still printed a $1.3 billion Q2 profit. Sales $48 billion, up 1.9%. Buybacks up to $6 billion. Forward P/E: GM 5.74 versus Ford 7.46.
Farley's the guy. The chart is Barra's.$MMT $ZIL $BEAMX
