Auto manufacturer Ford saw it stock shares crash after the company announced a cost increase in the current quarter due to inflation. “Based on recent negotiations, inflation-related supplier costs during the third quarter will run about $1.0 billion higher than originally expected,” Ford said in a news release on Sept 19. In addition, the company warned that…
Ford Shares Drop After Warning Inflation Is a $1 Billion Problem
September 20, 2022
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‘Inflation’ Mentions During Corporate Earnings Calls Hit 20-Year High
In yet another sign that higher price dynamics could stick around longer than many previously believed, the number of times the word “inflation” was mentioned during earnings calls in the third quarter has surged to its highest level in over two decades, according to a Bloomberg tally. Transcripts of analyst briefings of 1,557 global stocks…
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