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Ford shares jump 2.4% premarket after car maker says Q2 EBIT ahead of expectations amid strong demand for new vehicles

Ford shares jump 2.4% premarket after car maker says Q2 EBIT ahead of expectations amid strong demand for new vehicles

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Ford Motor Co. shares jumped 2.4% in premarket trade Thursday, after the car maker said it expects EBIT, or earnings before interest and taxes, to be better than it expected in the second quarter and “significantly” higher than a year ago. In a statement published ahead of an investor conference, Ford said customer reservations for four new vehicles is strong; namely the full-size Bronco SUV, battery-electric F-150 Lightning pickup, Maverick compact truck and all-electric E-Transit commercial van.

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