earnings
confidence high
sentiment positive
materiality 0.85
Ford Q2 revenue $48.3B, net loss $1.3B on $3.6B BOSK charge; raises FY guidance
FORD MOTOR CO
- Adjusted EBIT $2.5B, up $0.4B YoY; net loss includes $3.6B non-cash charge for BlueOval SK JV disposition.
- Raises full-year adjusted EBIT guidance to $10B-$11B (from $8.5B-$10.5B) and adjusted FCF to $6B-$7B.
- Declares Q3 regular dividend of $0.15 per share; operating cash flow $4.3B, adjusted FCF $2.1B.
- Wholesale units 1,039K (-12% YoY); revenue $48.3B (-4% YoY) driven by lower volumes.
- CEO cites industry-leading U.S. quality, pricing power in trucks/off-roaders, and Ford Energy growth.