Reported 1 day ago
Ford exceeded earnings expectations in Q2 with revenues of $50.2 billion but faced an $800 million tariff hit, leading to a revised full-year tariff outlook of $2 billion. The company reported adjusted earnings per share of $0.37 and reinstated its full-year guidance, anticipating adjusted EBIT of $6.5 billion to $7.5 billion. Despite the challenges, including rising warranty costs and tariffs, Ford experienced a 14% increase in Q2 U.S. sales.
Source: YAHOO