Ford Suspends Full-Year Guidance Amid $1.5 Billion Tariff Hit

Ford reported first-quarter earnings that exceeded analyst expectations, with adjusted earnings per share of $0.14 and revenue around $40.7 billion, despite a significant year-over-year decline in profits and revenue. The automaker suspended its full-year outlook due to uncertainties surrounding U.S. trade policy and tariffs, which it estimates could negatively impact adjusted EBIT by $1.5 billion this year. While plant shutdowns and challenging trade environments contributed to the decline, Ford highlighted a near 967% surge in electric vehicle sales to $1.2 billion, underscoring its strategic shift toward electrification. However, its EV unit, 'Model e,' posted an EBIT loss of $849 million as the company continues to invest in next-generation products and battery facilities. Ford warned of potential industrywide supply chain disruptions due to evolving tariffs and policy uncertainties, mirroring broader concerns in the U.S. auto industry. The company's shares fell in after-hours trading as investors reacted to the suspended guidance and ongoing risks.