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Ford raises guidance after Q2 earnings beat, says F-Series recovery is on track
Ford said strong U.S. demand and pricing lifted second-quarter core profit nearly 20% to $2.5 billion, while adjusted earnings beat forecasts.
- On Tuesday, Ford Motor lifted its full-year EBIT guidance to $10 billion–$11 billion, reporting second-quarter revenue of $48.3 billion and core profit growth of nearly 20% to $2.5 billion.
- Supply chain recovery helped Ford offset tariff headwinds; the New York factory restarted in June, supplying aluminum for F-150 trucks, with tariff costs now slightly improved from earlier projections.
- Finance Chief Sherry House said the industrial system is "getting fitter," noting quarterly performance was boosted by "quite resilient" customers, as adjusted earnings of 42 cents beat analyst forecasts of 35 cents.
- Despite core profit gains, Ford recorded $919 million in losses from its EV and software unit during the quarter, with annual losses projected at about $4 billion.
- Competitors reported mixed results; General Motors raised its full-year guidance last week, while Tesla missed second-quarter profit forecasts and reported negative free cash flow.
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Ford lifts annual guidance, citing strong pricing and 'resilient' consumer
Ford Motor on Tuesday lifted its annual guidance for a second time this year, to $10 billion to $11 billion in earnings before interest and taxes, citing strong pricing and improvements in its core...
·Annecy, France
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Ford lifts annual guidance, citing strong pricing and 'resilient ...
·London, United Kingdom
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Total News Sources12
Leaning Left3Leaning Right2Center5Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 30%
C 50%
R 20%
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