Ford (F) reported first-quarter earnings that topped analysts' expectations, but suspended its full-year forecast amid worries about an uncertain auto tariff environment.
Ford Motor also reported a sharp drop in profits in the first three months of the year.
Net income fell sharply to $471 million from $1.3 billion a year earlier.
‘Substantial' risks lead Ford to pull outlook for the year amid a $1.5 billion hit from tariffs.
Ford Motor is set to report first-quarter results after markets close Monday. Wall Street analysts expect Ford to report adjusted earnings per share of 2 cents and automotive revenue of $36.21 billion.
It's been a tough start to 2025 for most automakers. Much of that tough start, with many automakers trailing the broader market, was due to tariff uncertainty.
Automakers are navigating a complex landscape, with tariffs, shifting consumer demand, and technological transitions shaping the fortunes of major players like Ford (NYSE:F).
Ford F is slated to release first-quarter 2025 results on May 5, after market close. The Zacks Consensus Estimate for the to-be-reported quarter's EPS and automotive revenues is pegged at breakeven and $35.5 billion, respectively.
Ford (F -1.53%) likely needs no introduction among the investment community. It's a storied company that has been a major part of the U.S. economy for quite some time, known for its popular trucks and SUVs.
Automakers operate in a capital-intensive industry with fierce competition. While Ford Motor Company (F -1.53%) and General Motors (GM -3.50%) have had their stocks beaten down over uncertainty about the potential effects of threatened and imposed tariffs both here and abroad, they are also spending billions to develop electric vehicles and are struggling in overseas markets like China.
Ford CEO Jim Farley said President Donald Trump's executive order softening some of the automotive tariffs was helpful, but there still need to be more changes. Farley said the auto industry still needs "a comprehensive set of policies.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Ford Motor (F), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.