Key Highlights

  • Consensus EPS of 0.41 compares with a second-quarter diluted loss of 0.33, against a loss of 0.01 a year earlier.
  • Consensus revenue of USD 49.08 billion compares with second-quarter revenues of USD 48,296 million, against USD 50,184 million.
  • The net loss attributable to the company was USD 1,327 million, and Company adjusted EBIT was USD 2,503 million.
  • Operating income was USD 638 million against USD 511 million, while the loss before income taxes was USD 2,033 million.

Ford Motor (NYSE:F) reports third-quarter results on Wednesday, Oct. 28, after the market closes. Consensus stands at EPS of 0.41 on revenue of USD 49.08 billion, and the company has a market capitalization of USD 46.18 billion.

Ford Motor reports Ford Blue, Ford Model e, Ford Pro and Ford Credit results. Second-quarter revenues were USD 48,296 million against USD 50,184 million, and the net loss attributable to the company was USD 1,327 million against a loss of USD 36 million.

Estimates Against the Last Reported Quarter

The EPS estimate of 0.41 is above the second-quarter diluted loss of 0.33, which compared with a loss of 0.01 a year earlier. The estimates table does not state its EPS basis. The revenue estimate of USD 49.08 billion is above the USD 48,296 million reported, which compared with USD 50,184 million.

Cost of sales was USD 42,216 million against USD 44,245 million. The dividend declared was 0.15 per share in both periods.

What the Filing Gives and What the Sources Leave Open

The sources supplied include no earnings call transcript or published guidance, so there are no management ranges to set against the estimates. The filing carries no third-quarter figures.

The filing states that net income includes special items that are excluded from Company adjusted EBIT of USD 2,503 million. It states that the year-over-year increase of USD 363 million in Company adjusted EBIT reflected higher Ford Blue and Model e EBIT and improved Ford Credit EBT, offset partially by lower Ford Pro EBIT.

Segment Wholesales and Revenue Detail

Ford Blue wholesales decreased 8%, reflecting the end of Escape production in North America and Focus production in Europe and the Middle East conflict, while revenue increased 1%. Ford Model e wholesales decreased 53% and revenue decreased 56%.

Ford Pro wholesales decreased 13%, reflecting the end of Escape production for fleet customers, the aluminum supply disruption and lower Ranger wholesales in Europe, and revenue decreased 5%.

Loss Before Taxes, Liquidity and Tariff Receivables

The loss before income taxes was USD 2,033 million against income of USD 541 million, and selling, administrative and other expenses were USD 2,684 million against USD 2,706 million. Diluted shares were 3,980 million against 3,987 million.

At June 30, 2026, the company had Company cash of USD 22.3 billion and liquidity of USD 43.4 billion. The filing refers to about USD 1.3 billion related to IEEPA tariff rulings, with the timing of reimbursements uncertain. The estimates table lists a market capitalization of USD 46.18 billion.

Figures to Follow in the Release

Reported EPS against 0.41 and revenues against USD 49.08 billion are the headline comparisons. Other markers are Company adjusted EBIT, segment wholesales and the tariff reimbursement process.