Ford Motor Co. said it fell short of third-quarter earnings expectations, citing higher costs and lower quality, a day after it won labor peace through a tentative contract with the United Auto Workers.

With the six-week strike resolved pending a ratification vote by the union membership, Ford on Thursday pulled its forecast of adjusted earnings before interest and taxes in a range of $11 billion to $12 billion, which it had boosted in July. Crosstown rival General Motors Co., which still hasn’t settled with the UAW, likewise suspended its 2023 guidance.