Ford Whiffs On Earnings And Warns That The Rest Of The Year Will Be 'weaker Than Normal' (f)

FordFord on Thursday reported second-quarter earnings that missed analysts' expectations, and said there are now risks to achieving its full-year outlook. The automaker reported adjusted earnings per share of $0.52, missing analysts' estimates by eight cents according to Bloomberg. Net income fell year-on-year to $1.97 billion from $2.16 billion. Ford said it expects a weaker-than-normal second half of the year, especially in the third quarter, due to risks ranging from China's economy to the UK's exit from the European Union.

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