Core Insights - Ford reported third-quarter 2025 adjusted earnings per share of 45 cents, exceeding the Zacks Consensus Estimate of 38 cents but down from 49 cents in the same quarter last year. Consolidated revenues reached $50.5 billion, a 9.3% year-over-year increase. Total automotive revenues were $47.2 billion, surpassing the Zacks Consensus Estimate of $42.7 billion and up from $43 billion a year ago [1]. Segmental Performance - In the Ford Blue segment, total wholesale volume increased by 2% year over year to 733,000 units, exceeding expectations of 630,000 units. Revenues rose 7% year over year to $28 billion, surpassing the estimate of $23.5 billion. Earnings before interest and taxes (EBIT) were $1.54 billion, above the projection of $925.7 million, with an EBIT margin of 5.5%, down 0.7 percentage points from the same quarter in 2024 [3]. - The Ford Model e segment saw total wholesale volume rise 57% year over year to 50,000 units, though it fell short of the estimate of 57,000. Revenues jumped 52% year over year to $1.8 billion but missed the estimate of $2.6 billion. The segment reported a loss before interest and taxes of $1.4 billion, compared to an estimated loss of $1.58 billion [4]. - In the Ford Pro segment, total wholesale volume increased by 9% year over year to 373,000 units, below the expectation of 401,000. Revenues rose 11% year over year to $17.4 billion, slightly missing the expectation of $17.6 billion. EBIT was $1.98 billion, slightly below the projection of $2 billion, with an EBIT margin of 11.4% [5]. Financial Position - Ford reported adjusted free cash flow of $4.3 billion for the quarter, with cash and cash equivalents totaling $26.8 billion as of September 30, 2025. Long-term debt, excluding Ford Credit, amounted to $17.8 billion on the same date [7]. 2025 Outlook - Ford anticipates full-year 2025 adjusted EBIT in the range of $6-$6.5 billion, down from $10.2 billion in 2024 and the previous forecast of $6.5-$7.5 billion due to the impact of the Novelis plant fire. Adjusted free cash flow is expected to be between $2-$3 billion, down from prior guidance of $3.5-$4.5 billion and $6.7 billion recorded in 2024. Capital expenditures are projected to be around $9 billion [8].

Core Insights - Ford Motor Co. reported third-quarter earnings of 45 cents per share, surpassing analyst estimates of 36 cents [2] - Quarterly revenue reached $47.18 billion, exceeding the Street estimate of $43.07 billion and up from $43.06 billion in the same period last year [2] Business Segment Highlights - Ford Pro generated $2 billion in EBIT on $17.4 billion in revenue, with paid software subscriptions increasing by 8% sequentially to 818,000 subscribers [6] - Ford Model e reported a third-quarter EBIT loss of $1.4 billion, driven by new products in Europe that contributed to revenue and volume growth [6] - Ford Blue achieved $1.5 billion in EBIT, with revenue growth outpacing wholesale unit growth [6] - Ford Credit reported third-quarter earnings before taxes of $631 million, marking a 16% increase compared to the previous year [6] Management Commentary - CEO Jim Farley emphasized the strong performance with over $50 billion in revenue, attributing it to the quality of products and services, as well as a disciplined focus on cost [4] - Farley stated that the company is becoming stronger and more agile as it approaches 2026, with a commitment to strategic execution in propulsion, partnerships, and technology [4]

Core Insights - Ford Motor Company is expected to report quarterly earnings of $0.38 per share, reflecting a decline of 22.5% year over year, with revenues forecasted at $42.26 billion, a decrease of 1.9% compared to the previous year [1] Revenue Estimates - The consensus estimate for 'Revenues- Company excluding Ford Credit' is $41.30 billion, indicating a year-over-year change of -4.1% [4] - Analysts project 'Revenues- Ford Credit' to be $3.26 billion, suggesting a year-over-year increase of +4.2% [4] - 'Revenues- External Revenues- Ford Blue' is estimated at $24.12 billion, reflecting a decline of -8.1% from the prior-year quarter [4] - 'Revenues- Ford Pro' is expected to reach $16.37 billion, indicating a year-over-year increase of +4.5% [5] - 'Revenues- External Revenues- Ford Model e' is projected at $2.36 billion, showing a significant increase of +101% from the previous year [5] Wholesale Units - 'Wholesale Units - Ford Blue' is estimated to be 612.82 thousand, down from 721.00 thousand year-over-year [5] - 'Wholesale Units - Ford Pro' is expected to reach 361.30 thousand, compared to 342.00 thousand in the same quarter last year [6] - 'Wholesale Units - Ford Model e' is forecasted at 56.36 thousand, up from 32.00 thousand in the same quarter of the previous year [6] Adjusted EBIT Estimates - 'Adjusted EBIT- Ford Credit' is projected to be $595.47 million, compared to $544.00 million year-over-year [6] - 'Adjusted EBIT- Ford Blue' is expected to reach $1.08 billion, down from $1.63 billion in the previous year [7] - 'Adjusted EBIT- Ford Pro' is forecasted at $2.00 billion, an increase from $1.81 billion year-over-year [7] Stock Performance - Ford Motor shares have returned +2.6% over the past month, outperforming the Zacks S&P 500 composite, which saw a +1.1% change [7]

Core Insights - Ford Motor Company reported second-quarter 2025 adjusted earnings per share of 37 cents, exceeding the Zacks Consensus Estimate of 34 cents but down from 47 cents in the previous year [2] - Consolidated revenues for the second quarter reached $50.18 billion, a 5% increase year over year, with total automotive revenues at $46.94 billion, surpassing estimates [2] Segment Performance - Ford Blue segment's wholesale volume decreased by 6% year over year to 696,000 units, with revenues declining 3% to $25.8 billion, although it exceeded expectations [3] - Ford Model e segment saw a significant increase in wholesale volume, rising 218% to 60,000 units, with revenues jumping 105% to $2.4 billion, despite a loss before interest and taxes of $1.33 billion [4] - Ford Pro segment's wholesale volume increased by 15% to 429,000 units, with revenues rising 11% to $18.8 billion, and earnings before interest and taxes at $2.32 billion [5] - Ford Credit unit reported revenues of $3.24 billion, an 8.3% increase year over year, with pretax earnings up 88% to approximately $645 million [6] Financial Position - Ford reported adjusted free cash flow of $2.83 billion for the quarter, with cash and cash equivalents totaling $23 billion as of June 30, 2025, and long-term debt at $16.74 billion [7] 2025 Outlook - The company expects full-year 2025 adjusted EBIT to be in the range of $6.5-$7.5 billion, down from $10.2 billion in 2024, factoring in a net tariff-related headwind of nearly $2 billion [8] - Adjusted free cash flow is anticipated to be between $3.5-$4.5 billion, down from $6.7 billion in 2024, with capital expenditures expected around $9 billion [8] Estimate Trends - Estimates for Ford have trended downward over the past month, indicating a cautious outlook [9][12] - The stock currently holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the coming months [12] Industry Performance - Ford is part of the Zacks Automotive - Domestic industry, where General Motors reported a revenue decline of 1.8% year over year, with an EPS drop from $3.06 to $2.53 [13] - General Motors is expected to post earnings of $2.32 per share for the current quarter, reflecting a year-over-year change of -21.6% [14]

Core Insights - Ford Motor Company reported second-quarter 2025 adjusted earnings per share of 37 cents, exceeding the Zacks Consensus Estimate of 34 cents but down from 47 cents in the same quarter last year [1] - Consolidated second-quarter revenues reached $50.18 billion, reflecting a 5% year-over-year increase, with total automotive revenues at $46.94 billion, surpassing the Zacks Consensus Estimate of $41.72 billion and rising from $44.81 billion a year ago [1] Segmental Performance - In the Ford Blue segment, total wholesale volume decreased 6% year over year to 696,000 units, exceeding expectations of 579,000 units. Revenues fell 3% year over year to $25.8 billion but surpassed estimates of $21.05 billion. Earnings before interest and taxes (EBIT) were $661 million, below the projection of $979.4 million, with an EBIT margin of 2.6%, down 1.8 percentage points from the previous year [2] - The Ford Model e segment saw total wholesale volume increase 218% year over year to 60,000 units, exceeding the estimate of 41,000. Revenues surged 105% year over year to $2.4 billion, surpassing the estimate of $1.63 million. However, the segment incurred a loss before interest and taxes of $1.33 billion, compared to an estimated loss of $1.23 billion [3] - The Ford Pro segment experienced a 15% year-over-year increase in total wholesale volume to 429,000 units, exceeding expectations of 381,000. Revenues rose 11% year over year to $18.8 billion, surpassing the estimate of $16.57 billion. EBIT was $2.32 billion, with an EBIT margin of 12.3%, ahead of the projection of $2.17 billion [4] Financial Position - Ford reported adjusted free cash flow of $2.83 billion for the quarter, with cash and cash equivalents totaling $23 billion as of June 30, 2025. Long-term debt, excluding Ford Credit, amounted to $16.74 billion on the same date [6] 2025 Outlook - Ford anticipates full-year 2025 adjusted EBIT in the range of $6.5-$7.5 billion, down from $10.2 billion in 2024, factoring in a net tariff-related headwind of nearly $2 billion. Adjusted free cash flow is expected to be between $3.5-$4.5 billion, down from $6.7 billion in 2024, with capital expenditures projected at around $9 billion [7]

Core Insights - Ford Motor Company reported $46.94 billion in revenue for the quarter ended June 2025, marking a year-over-year increase of 4.8% and a surprise of +12.52% over the Zacks Consensus Estimate of $41.72 billion [1] - The EPS for the same period was $0.37, down from $0.47 a year ago, with an EPS surprise of +8.82% compared to the consensus estimate of $0.34 [1] Financial Performance Metrics - Wholesale Units for Ford Blue reached 696 thousand, exceeding the average estimate of 635.02 thousand [4] - Wholesale Units for Ford Pro were 429 thousand, compared to the average estimate of 377.94 thousand [4] - Wholesale Units for Ford Model e totaled 60 thousand, surpassing the average estimate of 35.7 thousand [4] - Revenues excluding Ford Credit were $46.94 billion, compared to the average estimate of $41.15 billion, reflecting a +4.8% year-over-year change [4] - Revenues from Ford Credit were $3.24 billion, exceeding the average estimate of $3.11 billion, representing an +8.1% change from the previous year [4] - Adjusted EBIT for Ford Credit was $645 million, compared to the average estimate of $431.54 million [4] - Adjusted EBIT for Ford Model e was -$1.33 billion, slightly better than the average estimate of -$1.37 billion [4] - Adjusted EBIT for Corporate Other was -$155 million, compared to the average estimate of -$289.22 million [4] - Adjusted EBIT for Ford Blue was $661 million, below the average estimate of $850.84 million [4] - Adjusted EBIT for Ford Pro was $2.32 billion, slightly below the average estimate of $2.35 billion [4] Stock Performance - Ford Motor's shares have returned -2.4% over the past month, while the Zacks S&P 500 composite has increased by +3.4% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Viewpoint - Ford Motor Company is expected to report break-even quarterly earnings per share, indicating a 100% decline year-over-year, with revenues projected at $35.48 billion, reflecting an 11.1% decrease from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised down by 8.7% over the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts project 'Revenues- Company excluding Ford Credit' to be $34.72 billion, a decrease of 13% from the year-ago quarter [5]. - 'Revenues- Ford Credit' is expected to reach $3.05 billion, showing a 5.2% increase year-over-year [5]. - 'Revenues- External Revenues- Ford Blue' is estimated at $18.21 billion, reflecting a 16.5% decline from the previous year [5]. - 'Revenues- Ford Pro' is forecasted at $16.41 billion, indicating an 8.8% decrease year-over-year [6]. - 'Revenues- External Revenues- Ford Model e' is projected at $809.82 million, representing a significant increase of 604.2% from the year-ago quarter [6]. Wholesale Units - 'Wholesale Units - Ford Blue' is expected to be 560.82 thousand, down from 626 thousand in the same quarter last year [6]. - 'Wholesale Units - Ford Pro' is projected at 354.08 thousand, compared to 409 thousand reported in the previous year [7]. - 'Wholesale Units - Ford Model e' is anticipated to reach 29.38 thousand, up from 10 thousand in the year-ago quarter [7]. Adjusted EBIT - 'Adjusted EBIT- Ford Credit' is estimated at $338.24 million, slightly up from $326 million in the previous year [8]. - 'Adjusted EBIT- Ford Blue' is projected at $239.79 million, a significant decrease from $905 million reported in the same quarter last year [8]. - 'Adjusted EBIT- Ford Pro' is expected to be $1.64 billion, down from $3.01 billion in the same quarter of the previous year [9]. Stock Performance - Over the past month, Ford Motor shares have recorded a return of +2.1%, while the Zacks S&P 500 composite has seen a -0.2% change [9].

Core Viewpoint - Ford Motor Company reported strong fourth-quarter earnings, surpassing estimates and showing year-over-year growth in revenues and adjusted earnings per share [2][3][4]. Financial Performance - Adjusted earnings per share for Q4 2024 were 39 cents, exceeding the Zacks Consensus Estimate of 34 cents and up from 29 cents in the previous year [2]. - Consolidated revenues for Q4 reached $48.2 billion, a 5% increase year over year, with total automotive revenues at approximately $44.9 billion, surpassing the Zacks estimate of $43.5 billion [2]. - The Ford Blue segment saw a 2% increase in wholesale volume to 774,000 units, with revenues rising 4% to $27.3 billion, exceeding expectations [3]. - The Ford Model e segment's wholesale volume increased by 10% to 37,000 units, but revenues declined 11% to $1.4 billion, although it still surpassed estimates due to higher average selling prices [4]. - The Ford Pro segment's wholesale volume grew 5% to 378,000 units, with revenues increasing 6% to $16.2 billion, though it missed expectations [5]. - Ford Credit's revenues were $3.27 billion, up 19% year over year, with pretax earnings of approximately $470 million, a 68% increase [6]. Financial Position - Ford reported an adjusted free cash flow of $700 million for the quarter, with cash and cash equivalents totaling $22.9 billion as of December 31, 2024 [7]. - Long-term debt, excluding Ford Credit, was $18.9 billion at the end of 2024 [7]. 2025 Guidance - For the full year 2025, Ford expects EBIT between $7 billion and $8.5 billion, with adjusted free cash flow projected at $3.5 billion to $4.5 billion [8]. - Capital spending is anticipated to be in the range of $8 billion to $8.5 billion, with EBIT from the Pro and Blue segments expected to be $7.5 billion to $8 billion and $3.5 billion to $4 billion, respectively [8]. - The Ford Model e unit is projected to incur a pre-tax loss between $5 billion and $5.5 billion [8]. Market Sentiment - Recent estimates for Ford have shown a downward trend, with a significant shift of -83% in consensus estimates [9][10]. - The company currently holds a Zacks Rank of 3 (Hold), indicating expectations for an in-line return in the coming months [12].