Ford Motor (F) earnings Q1 2025

Detroit – Ford motor He exceeded the expectations of the first quarter of Wall Street, but suspended his financial guide of 2025 amid an expected impact of $ 2.5 billion this year of President Donald Trump’s rates.

Detroit’s car manufacturer said he hopes to compensate $ 1 billion of those costs through remediation shares, as well as volume and prices expectations for a total impact of $ 1.5 billion in 2025.

Ford cited “short -term risks, especially the potential for the interruption of the supply chain throughout the industry that affects production” and the potential for the future or the increase in rates in the United States, among other potential impacts, such as retaliation tariffs.

The tariff impact is no less than $ 4 billion to $ 5 billion than General Motors He said he hoped to incur as a result of Trump’s rates, since Ford imports Feer vehicles that his ridiculous crossown. GM, which last week reduced his 2025 guide, said he hoped to compensate at least 30% of those expenses.

The automotive industry is dealing with 25% of tariffs in imported vehicles that entered into force in early April, as well as 25% of the taxes in the car do not comply with the United States-Mexico-Canada agreement, which entered into force on Saturday.

Without the rates, Ford said he was “tracking” towards his initial guide that included adjusted profits before interest and taxes, or Ebit, or $ 7 billion at $ 8.5 billion; Free cash flow of $ 3.5 billion to $ 4.5 billion; and capital expenses between $ 8 billion and $ 9 billion.

“Our results in the first quarter show that the Ford+ [turnaround] The plan is working, “Ford’s financial director, Sherry House, said a call to the duration of the media.” We are transforming this company into greater growth, a higher margin, a more efficient capital and more durable business. “

The tariff impact is divided between imported vehicles and automotive pieces, said House. The company expects the sales of the American industry to be approximately 15.5 million, less than 500000 units compared to its initial expectations before the rates.

Ford has not publicly announced any significant change in its manufacturing plans in North America, but has tasks of some actions to mitigate tariff costs. US exports have included China, adjusting imports made by China and other logistics changes.

The car manufacturer said such adjustments reduced their tariff impact of the first quarter of approximately $ 200 million by 35%.

This is how Ford did, based on the estimates of the average analysts compiled by LSE:

• Profit per action: 14 tight cents against 2 expected cents
• Automotive income: $ 37.42 billion compared to $ 36.21 billion expected

Ford said he will update investors about the status of his 2025 guide when the car manufacturer informs the results of the second quarter.

For the first quarter, Ford reported a 5% decrease in total income compared to a year prior to $ 40.7 billion, adjusted EBIT results of $ 1.02 billion and net income or $ 471 million. This compares to the first 2024 Ford quarter that included revenues or $ 42.8 billion, including $ 39.89 billion in automotive revenues, net revenues of $ 1.33 billion and adjusted EBIT or $ 2.76 billion.

Ford’s traditional operations of Ford reported only a 3% decrease in income, but a drop of almost 90% in Ebit’s results to a duration of $ 96 million in the first quarter. Its commercial business “Pro” reported a 16% decrease in revenues to $ 15.2 billion and EBIT results of $ 1.31 billion, below more than $ 3 billion from the previous year.

The “Model E” electric vehicle business reduced its losses of $ 1.33 billion a year ago to $ 849 million, passing the first quarter of this year.

The automobile manufacturer said that it continues to make incursions with respect to its quality and previously announced cost reductions, including a reduction of $ 1 billion this year. That excludes any impact of tariffs.