(Reuters) – Ford Motor reported a dip in its second-quarter adjusted profit on Wednesday, as the automaker battles lower profitability in its electric vehicle business.
The Detroit automaker earned an adjusted profit of 47 cents per share, compared with 72 cents per share a year earlier.
Analysts on average had expected the company to report 68 cents per share, according to LSEG data.
(Reporting by Nathan Gomes in Bengaluru; Editing by Sriraj Kalluvila)
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