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Ford Cuts Annual Profit Outlook After U.S. Aluminum Plant Fire

The automaker lowered its full-year earnings guidance, attributing the change to disruption from a domestic aluminum plant fire.

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Terms & Concepts
  • Earnings Guidance: A company's public forecast or estimate of its expected financial performance for a future period.
  • Profit Forecast: An estimate made by a company of the amount of profit it expects to achieve over a specific time period.