Accessed Feb. 1, 2022. Ford Motor Co. will pay profit-sharing bonuses of up to $9,176 to hourly autoworkers in the U.S. for 2022, the automaker said Thursday. Ford Motor Co. "3Q 2021 EarningsPress Release," Page 2. Shares have also rerated on recovered earnings that now approach cyclical highs," Houchois wrote in an investor note, adding "all that leaves limited scope for positive surprises.". Motor vehicle sales represent the number of domestically produced units of cars, SUVs, minivans, and light trucks that are sold. Globally, the company's eligible employees shared in $2.2 billion, Stellantis reported, which was a 70% jump compared to the previous year. Not long ago, General Motors informed its 44,000 hourly workers that they'd be taking home as much as $8,000 in profit-sharing payments. Ford doubles annual bonuses amid worker fury over controversial - MSN A Ford spokesman said checks would be issued on March 10. "UAW Ford members play a key role in the success of the company through their expertise, extraordinary efforts, and commitment to the jobs they perform each and every day," UAW Vice President Chuck Browning, head of the union's Ford Department, said in a statement. Ford (F) Shares Rise After Beating Profit Estimates - Bloomberg Chrysler-parent Stellantis is scheduled to release its profit-sharing data Feb. 22. Ford's fourth-quarter net earnings likely surged 133% as North American sales volume returned to pre-pandemic levels. The company has an Earnings ESP of +5.88% and a Zacks Rank #3.The Zacks Consensus Estimate for BorgWarners to-be-reported quarters earnings and revenues is pegged at $1.13 per share and $4.21 billion, respectively. The market value is expected to amount around 185 billion U.S. dollars in 2026 . In the meantime, Barrott said he expects automakers and suppliers to pursue partnerships and acquisitions throughout 2023 instead of relying on traditional supply contracts. Ford Motor Co. "FORD MOTOR COMPANY ANNOUNCES DETAILS FOR Q4 2021 EARNINGS CONFERENCE CALL." Revenue is expected to have risen year-on-year in each of the company's five global regions. Adjusted earnings before interest and taxes of $1.7 billion exceeded the $347 million average estimate. Ford announced Thursday in its earnings report that its UAW employees will receive profit-sharing checks averaging $9,176 this year. For full-year FY 2021, analysts expect adjusted EPS to rise 355.0%, ending a streak of three straight years of declines. Ford Motor Co. (F) likely will report Thursday that its fourth-quarter profit more than doubled from a year ago as the U.S. auto market slowly recovered from supply-chain woes that hampered production and left inventories unable to meet consumer demand. Shares of Ford have dramatically outperformed the broader market over the past year. Wall Street analysts estimate Ford will post a profit of 45 cents a share in adjusted earnings and a 6% rise in revenue from the previous year to $35.5 billion, according to Refinitiv estimates. These are not bonus payments. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better.
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