Here’s what Wall Street expects, based on average analysts’ estimates compiled by LSEG:<\/p>\n
Earnings per share: 35 cents adjustedAutomotive revenue: $45.86 billion<\/p>\n
Those results would mark a 2.3% fall in automotive revenue compared with a year earlier and a 2 cent decline in adjusted earnings per share. <\/p>\n
Ford’s 2025 second-quarter results included $46.94 billion in automotive revenue, adjusted earnings before interest and taxes of $2.14 billion and a net loss of $36 million. Its total revenue, which includes its Ford Credit financing arm, was $50.18 billion.<\/p>\n
Aside from earnings and any changes to the automaker’s 2026 guidance, investors are monitoring Ford’s costs, such as warranty and commodity costs, as well as looking for any updates to the company’s F-Series truck production that has been hampered since last year<\/a> due to issues with an aluminum supplier.<\/p>\n Stock Chart IconStock chart icon Auto stocks<\/p>\n Heading into Ford’s earnings report, Jefferies upgraded<\/a> Ford and General Motors’<\/a> stocks\u00a0to buy from hold. Analyst Philippe Houchois\u00a0said Ford is on track to start building momentum again, with the second quarter set to mark a trough.<\/p>\n “We see Q2 as a low point for volume with post-Novelis production set to normalize up,” Houchois wrote. Novelis, an aluminum supplier,\u00a0restarted production<\/a>\u00a0last month at a New York facility \u2014 a plant that supplies Ford’s F-150 truck line \u2014 after two fires halted activity. “With US market conditions healthy, management could raise guidance at Q2.”<\/p>\n Ford’s 2026 guidance, which the company increased in April<\/a> with expected tariff refunds, includes adjusted EBIT of $8.5 billion to $10.5 billion; adjusted free cash flow of between $5 billion and $6 billion; and capital expenditures of $9.5 billion to $10.5 billion.<\/p>\n This is breaking news. Please check back for updates.<\/p>\n![\"hide](\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\")
<\/p>\n