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Ford reports Q1 adjusted EPS 14c, consensus 2c

Reports Q1 revenue $40.659B, consensus $35.79B. “We are strengthening our underlying business with significantly better quality and our third straight quarter of year-over-year cost improvement, excluding the impact of tariffs,” said Ford (F) President and CEO Jim Farley. “Ford Pro, our largest competitive advantage, is off to a strong start to the year, gaining market share in the most profitable U.S. and European customer segments.”

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