Ford Motor Company reported adjusted earnings of $0.42 per share for Q2, surpassing analyst estimates of $0.30, and revenue of $48.3 billion, beating expectations despite a 4% year-over-year decline. Adjusted EBIT fell 26% to $1.72 billion but exceeded forecasts. The company raised its full-year adjusted EBIT guidance to $10-11 billion and increased its adjusted free cash flow outlook to $6-7 billion. Ford's electric vehicle unit narrowed its EBIT loss, signaling progress in its EV business. Shares rose over 5% in premarket trading on the positive results and outlook upgrade.
General Motors and Ford have significantly decreased their discussion of electric vehicles (EVs) in recent earnings calls compared to pre-pandemic levels. Both automakers have delayed or scaled back EV plans, reflecting shifts in regulatory policies ...
Mercury Insurance released its 2026 ranking of the most affordable pickup trucks to insure, with the Chevrolet Colorado LT taking the top spot, followed by the Chevrolet Silverado C3500. The list highlights the importance of insurance costs in total ...
Ford Motor Company reported better-than-expected quarterly results with an adjusted EBIT margin of 5.2%, even as revenue fell 4% to $48.3 billion. The company raised its full-year adjusted EBIT guidance to $10–$11 billion and free cash flow to $6–$7 ...
Ford reported strong second-quarter EBIT growth driven by high demand for internal combustion engine (ICE) vehicles and solid margins in its Ford Blue and Pro segments. The company raised its full-year 2026 adjusted EBIT and free cash flow guidance d...
Ford Motor Company has raised its fiscal year 2026 guidance due to higher net pricing, increased sales of high-margin SUVs and F-Series trucks, and growth in SaaS subscriptions. The company plans to ramp up Super Duty production in the second half of...
