Core Viewpoint - Ford Motor Company reported strong third-quarter earnings and sales that exceeded Wall Street expectations despite the impact of the Novelis incident [1] Financial Performance - Adjusted earnings per share for the third quarter were $0.45, surpassing the analyst average estimate of $0.36 [1] - Revenue reached a record $50.5 billion, higher than the analyst forecast of $43.7 billion, representing a year-over-year growth of 9.3% [1] - Net profit for the quarter was $2.4 billion [1] Guidance and Adjustments - The company revised its full-year adjusted EBIT forecast down to $6 billion to $6.5 billion, from a previous estimate of $6.5 billion to $7.5 billion [1] - Expected full-year adjusted free cash flow is projected to be between $2 billion and $3 billion [1] Impact of External Factors - CFO Sherry House indicated that the company had anticipated achieving over $8 billion in EBIT this year if not for the Novelis fire [1] - Ford now estimates that the tariffs introduced by the Trump administration will result in a financial loss of $1 billion, down from a previous estimate of $2 billion [1]

Core Viewpoint - Ford Motor Company (F.US) shares surged by 10% to $13.56 following the release of its Q3 earnings, which exceeded Wall Street expectations despite challenges from the Novelis incident [1][2]. Financial Performance - Adjusted earnings per share for Q3 were $0.45, surpassing the analyst average estimate of $0.36 [2]. - Revenue reached a record $50.5 billion, significantly higher than the expected $43.7 billion [2]. - Total revenue for Q3 increased by 9.3% year-over-year, with a net profit of $2.4 billion [2]. Guidance and Adjustments - The company revised its full-year adjusted EBIT forecast down to $6 billion to $6.5 billion, from a previous estimate of $6.5 billion to $7.5 billion [2]. - Ford anticipates adjusted free cash flow for the year to be between $2 billion and $3 billion [2]. Impact of External Factors - CFO Sherry House indicated that the company had initially expected to achieve over $8 billion in EBIT this year, but the Novelis fire impacted this outlook [2]. - The financial impact of tariffs introduced by the Trump administration is now estimated to be a $1 billion loss, reduced from a prior estimate of $2 billion [2].

格隆汇10月24日｜福特汽车(F.US)拉升涨超10%报13.6美元，股价创2024年7月以来新高。福特汽车发布 2025年第三季度财报显示，营收505亿美元，同比增长9.3%，创历史新高，净利润24亿美元；调整后每 股收益0.45美元。 福特汽车将全年调整后息税前利润预期下调至60亿美元至65亿美元，此前预计65亿美元至75亿美元。福 特汽车仍然预测全年资本支出大约90亿美元；福特预计全年调整后自由现金流20亿美元至30亿美元。 来源：格隆汇APP 福特中国更是实现了连续九个季度盈利，出口业务保持强劲增长势头。 ...

Core Viewpoint - Ford reported third-quarter results that exceeded expectations, but anticipates financial impacts from the Novelis aluminum plant fire affecting F-150 pickups and SUVs, although the plant is expected to reopen earlier than initially projected, leading to a positive stock reaction [1][4]. Financial Impact - The Novelis aluminum plant fire is projected to create a $1.5 billion to $2.0 billion adjusted EBIT headwind in 2025, affecting full-year cash flow, but Ford expects to mitigate at least $1 billion of this impact in 2026 [2]. - Ford adjusted its full-year guidance lower, now forecasting adjusted EBIT of $6 billion to $6.5 billion (down from $6.5 billion to $7.5 billion) and adjusted free cash flow of $2 billion to $3 billion (down from $3.5 billion to $4.5 billion) [3]. Production Adjustments - Ford plans to increase F-150 and F-Series Super Duty production by over 50,000 trucks in 2026 to meet demand and recover from production losses due to the Novelis fire, while pausing F-150 Lightning EV pickup production to prioritize gas and hybrid truck production [5]. - Ford's CFO indicated that the company would have raised its full-year guidance if not for the Novelis fire, with adjusted EBIT tracking at over $8 billion for the year [4]. Analyst Insights - Bank of America analyst Federico Merendi viewed Ford's updates positively, raising the price target to $14.50 from $13.50 and maintaining a Buy rating [5]. - Merendi also noted that Ford expects to recover approximately half of the EBIT lost in Q4 2025 in 2026, with potential benefits from a more favorable regulatory environment and lower warranty costs, projecting adjusted EBIT for 2026 in the range of $8.5 billion to $10.5 billion [6].

Ford's disciplined hybrid and affordable EV strategy improves profitability outlook amid slower EV adoption. ...

每经AI快讯，10月24日，福特汽车股价涨幅达7%，创2024年7月以来新高。 ...

Ford Motor Co. (NYSE: F) posted strong numbers for the third quarter. ...

Vladimir Dimitrov, CFA is a former strategy consultant within the field of brand and intangible assets valuation. During his career in the City of London he has been working with some of the largest global brands within the technology, telecom and banking sectors. He graduated from the London School of Economics and is interested in finding reasonably priced businesses with sustainable long-term competitive advantages.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of t ...

Shares of Ford Motor Co. rose more than 4% in premarket trading on Friday after the automaker beat Wall Street's third-quarter earnings expectations, even as it cut its 2025 guidance due to production... ...

Corporate Earnings - Intel (INTC) shares surged 7.5% in pre-market trading after reporting stronger-than-expected earnings per share and revenue, along with solid forward guidance, boosting tech sentiment [2][3][8] - Deckers Brands (DECK) plummeted 12.5% in pre-market trading due to a light full-year revenue outlook and signs of waning demand in its core U.S. market, disappointing investors [3][8] - Ford Motor Company (F) saw its shares rise 4.5% after exceeding both EPS and revenue estimates, although it lowered its full-year adjusted EBIT and free cash flow outlook due to a recent supplier fire [3][8] Analyst Sentiment - Investment firm Stifel raised its target price for Uber Technologies (UBER) from $116 to $124, indicating growing analyst confidence in the company's future performance and growth trajectory [4][8] Geopolitical Developments - Dmitri Dmitriev, a special envoy for Russian President Putin, visited the U.S. for official talks shortly after new sanctions were imposed by the Trump administration, highlighting ongoing diplomatic engagement amidst geopolitical tensions [5][8] Economic Outlook - Upcoming U.S. Consumer Price Index (CPI) data is expected to show a hotter headline inflation rate, driven by a larger passthrough of tariffs and rising import costs, despite potential easing from slower inflation in shelter and travel categories [6][8] Domestic Policy - Discussions are reportedly underway for a potential yearlong extension of Affordable Care Act (ACA) credits, with Republican Representative Jeff Van Drew having spoken with President Trump about the matter [9][8]