Stock Market Today, July 29: Ford Beats Earnings, Raises 2026 Guidance on Production Strength
On July 29, 2026, the automaker's adjusted profit of $0.42 per share and higher full-year outlook kept investors focused on margin execution.
Overview
Ford Motor (NYSE:F), the global automaker focused on trucks, commercial vans, SUVs, and Lincoln luxury vehicles, closed at $15.28, up 2.14%. An earnings beat and a guidance increase drove the move, while investors are watching margins and continued quality improvements next.
Trading volume reached 92.2 million shares, coming in about 44% above its three-month average of 64.1 million shares.
The S&P 500 (SNPINDEX:^GSPC) fell 1.52% to 7,316, while Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 1.74% to 24,443 on a day that the Federal Reserve kept interest rates unchanged. Among other automobile manufacturers, General Motors (NYSE:GM) fell 1.00% to $89.40, while Toyota Motor (NYSE:TM) rose 3.51% to $192.84 as investors weighed earnings strength and U.S. production plans.
Details
Investors cheered Ford’s earnings beat and move to increase full-year 2026 guidance. Management meaningfully boosted the low end of expected adjusted earnings, while also raising the upper end of the range by $500 million to $10.5 billion. Even with capital expenditure plans unchanged, the company now sees an additional $1 billion in adjusted free cash flow.
Source
Originally published at www.fool.com.