Ford Motor Company revised its forecast for the first quarter, but still maintained its financial outlook for 2025 due to an expected impact of around $2.5 billion this year from tariffs imposed by former President Donald Trump. Revenue from vehicle sales amounted to $37.42 billion compared to the expected $36.21 billion.
Compared to the first quarter of 2024, Ford reported an adjusted profit per share of 14 cents, while analysts had predicted 2 cents. The company's revenue in the first quarter fell by 5% compared to the previous year, amounting to $40.7 billion. Adjusted income before taxes and taxes was $1.02 billion, while net income was $471 million.
