Ford just reported a better-than-expected third quarter — and the stock is moving higher (F)
Ford beat expectations on both the top- and bottom lines.
Shares moved up 5% after-hours.
Ford reported third-quarter earnings on Wednesday, posting beats of analysts' expectations on both revenue and profits.
The carmaker made $0.29 per share and brought in $37.6 billion.
Ford shares spiked 5%, to nearly $9, in after-hours trading. Year-to-date, Ford has been in a severe slide, down over 30%.
"This quarter shows that our business remains very strong in key areas. We continue to make progr
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