BREAKING: Ford stock, $F, falls over 10% on the day after posting a massive earnings miss.
Ford reported EPS of $0.47 which was a whopping 31% below expectations of $0.68.
Ford also posted $44.0 billion of Automotive revenue, below expectations of $44.8 billion.
Warranty issues were the largest contributor to the miss in quarterly earnings per share.
Brutal quarter for automakers.
