smjb / Creative Commons
- Ford is down 4.47% to $12.52 after the company guided 2018 earnings below expectations.
- The company said 2018 adjusted earnings would come in at about $1.45 to $1.70 per share.
- Estimates had placed earnings at $1.68 per share, according to Bloomberg.
- Ford is still expanding its lineup of electric vehicles and hopes to have 16 fully electric vehicles by 2022.
- The company also said it wants to begin self-driving car production in 2021.
- The carmaker is expected to report its full earnings on January 24.
- Ford is down 1.03% this year.
Watch Ford trade in real time here.
NOW WATCH: PAUL KRUGMAN: The Fed is in good hands under Jerome Powell
See Also:
- Here's how your tax bracket will change in 2018
- GOLDMAN SACHS: There's a strategy that will help you crush earnings season using these 20 stocks
- GOLDMAN SACHS: These 13 stocks will see profits explode higher in 2018
SEE ALSO: Check the latest Ford stock price here
