Ford Motor Co. (F) has reported financial results for this year’s first quarter that surpassed Wall Street targets.
The Detroit automaker announced earnings per share (EPS) of $0.14, which blew past the consensus forecast among analysts that called for a profit of $0.02 a share. Revenue in the January through March period totaled $37.42 billion, which surpassed the $36.21 billion expected on Wall Street.
Despite the strong print, Ford’s management team suspended the company’s 2025 financial guidance. saying they expect a $2.5 billion impact this year from U.S. President Donald Trump’s tariffs on foreign made vehicles and automotive parts.
Ford’s vehicle sales. Source: Main Street Data
Pricing Actions
Ford executives also said that they plan to offset $1 billion in added costs from tariffs through pricing actions that could see the average cost of a vehicle sold in the U.S. rise this year. The company also said it is grappling with “near-term risks” that include potential supply chain disruptions and possible impacts from retaliatory tariffs imposed by countries outside the United States.
Ford’s estimated tariff impact of $2.5 billion is less than the $4 billion to $5 billion than rival General Motors (GM) forecast as a result of President Trump’s tariffs and trade wars. Ford imports fewer vehicles than GM. Ford’s electric vehicle unit narrowed its losses from $1.33 billion a year ago to $849 million during this year’s first quarter. F stock has risen 6% year-to-date.
Is F Stock a Buy?
The stock of Ford Motor Co. has a consensus Hold rating among 16 Wall Street analysts. That rating is based on three Buy, 11 Hold and Two sell recommendations issued in the past three months. The average F price target of $9.50 implies 6.86% downside from current levels. These ratings are likely to change after the company’s financial results.
