secwatch.observer — SEC 8-K summary
======================================

Issuer:     FORD MOTOR CO (F)
CIK:        0000037996
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0000037996-23-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ford Q1 net income $1.8B on $41.5B revenue, adj. EBIT $3.4B, reaffirms guidance
-------------------------------------------------------------------------------

- Revenue $41.5B (+20% YoY); net income $1.8B vs net loss $3.1B in Q1 2022.
- Adjusted EBIT $3.4B (+45% YoY); adjusted free cash flow $693M.
- Ford Blue EBIT $2.6B (10.4% margin); Ford Pro EBIT $1.4B (10.3% margin); both profitable in all regions.
- Reaffirms FY2023 adjusted EBIT guidance $9-11B, adj. FCF ~$6B; regular dividend payable June 1.
- Ended Q1 with ~$29B cash, >$46B liquidity; full-year Model e loss still ~$3B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/37996/000003799623000028/0000037996-23-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/37996/000003799623000028/f-20230502.htm
  HTML page:      https://secwatch.observer/filing/0000037996-23-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer