Ford beats Q1 earnings estimates but EV losses weigh on shares, raising full-year profit forecast.

Ford Motor Company reported better-than-expected first quarter revenue and earnings, with $43.3 billion in revenue and $2.5 billion in net income. The results included a $1.3 billion one-time benefit from US tariff reimbursements, boosting adjusted earnings to $0.66 per share versus the expected $0.19. Despite this, Ford's electric vehicle division posted a $777 million loss due to high launch and development costs, keeping cash flow negative. Ford raised its full-year adjusted EBIT guidance to $8.5-$10.5 billion but expects the EV segment to remain unprofitable with losses around $4-$4.5 billion. The company declared a $0.15 per share dividend for Q2. Analysts noted the strong headline numbers were partly driven by non-recurring items, with underlying performance less robust amid ongoing EV losses and commodity cost pressures.