Investing.com -- Ford Motor Company (NYSE:F) shares fell in after-hours trading after the auto maker missed expectations for profit in the third quarter.
Ford reported third quarter adjusted earnings of 39 cents a share and revenue of $43.8 billion. Analysts expected profit of 46 cents a share and revenue of $43.94 billion.
Shares were down more than 3%. They are down 2% so far this year.
Ford, which reached a tentative agreement on a contract with United Auto Workers that could end a more than month-long strike, said adjusted earnings before interest and taxes, or EBIT, in the third quarter increased to $2.2 billion. Cash flow from operations was $4.6 billion in the quarter and $12.4 billion through the first nine months of the year.
The auto maker withdrew its full year guidance pending the ratification of the tentative agreement with the UAW. Through the third quarter, Ford earned $9.4 billion in adjusted EBIT and it affirmed a full-year range of $11 billion to $12 billion in late July.