Ford ( F ) Earnings 11/07/08 - November 7th - 2008

Ford Motor Company ( F ) came out with earnings today, 11/07/08, and they were worse then expected. Ford stock is trading at $2.04 after this news.

• Ford ( F ) 3Q Earnings (1.31 )EPS ex items vs (.94 )EPS
• Ford has 29.6 Billion in Cash on Hand by the End of the Quarter
• Ford 3Q Cash burn 7.7 Billion
• Ford 3Q Revenue 32.1 Billion vs 41.1 Billion
• Ford reducing inventories Globally
• Ford to continue to adjust production in line with Lower Demand
• Ford looking for 40 Billion Euro Loan from European Government

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