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F
NYSE Manufacturing

Ford Q1 Profit Soars to $2.54 Billion, Significantly Beating Projections

feedReported by dpa-AFX
Sentiment info
Positive
Importance info
9
Price
$12.13
Mkt Cap
$48.831B
52W Low
$9.86
52W High
$14.795
Market data snapshot near publication time

summarizeSummary

Ford Motor Company announced a robust first-quarter profit of $2.54 billion, or $0.63 per share, a substantial increase from $471 million, or $0.12 per share, in the prior year. Adjusted earnings reached $2.69 billion, or $0.66 per share, with revenue climbing 6.4% to $43.25 billion. This strong performance significantly beats the recent projection (2026-04-28) of a first-quarter loss of $724.1 million, indicating a much better operational quarter than anticipated. The positive Q1 results provide a solid foundation for the company's recently raised 2026 Adjusted EBIT guidance, reinforcing investor confidence in Ford's profitability trajectory. Traders will view this as a highly material positive surprise, likely driving upward pressure on the stock.

At the time of this announcement, F was trading at $12.13 on NYSE in the Manufacturing sector, with a market capitalization of approximately $48.8B. The 52-week trading range was $9.86 to $14.80. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: dpa-AFX.


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