Money Analyst says Ford needs to ‘rip the Band-Aid off’ after $2B loss: What he means April 29, 2020 Phoebe Wall Howard, Detroit Free Press Comments Off on Analyst says Ford needs to ‘rip the Band-Aid off’ after $2B loss: What he means Ford said Tuesday its first-quarter earnings before interest and taxes was negative $632 million, down from $2.4 billion in the first quarter of 2019.