Ford Motor Company F reported first-quarter 2025 adjusted earnings per share of 14 cents, which surpassed the Zacks Consensus Estimate of breakeven earnings but declined from 49 cents recorded in the year-ago quarter. The company’s consolidated first-quarter revenues came in at $40.66 billion, down 5% year over year. F’s total automotive revenues came in at $37.42 billion, topping the Zacks Consensus Estimate of $35.48 billion but decreasing from $39.89 billion generated a year ago.

The company has suspended the guidance for 2025. Amid tariff woes, Ford expects an adverse adjusted EBIT impact of about $1.5 billion this year.

Ford Motor Company Price, Consensus and EPS SurpriseFord Motor Company Price, Consensus and EPS Surprise

Ford Motor Company price-consensus-eps-surprise-chart | Ford Motor Company Quote

Segmental Performance

In the first quarter, total wholesale volume in the Ford Blue segment decreased 6% year over year to 588,000 units but exceeded our expectation of 524,000 units. Revenues from the segment decreased 3% year over year to $21 billion but topped our estimate of $17.63 billion due to higher-than-expected units sold. Earnings before interest and taxes came in at $96 million, below our projection of $275.5 million. EBIT margin of 0.5% was down 360 basis points from the corresponding quarter of 2024.

Total wholesale volume in the Ford Model e segment rose 213% year over year to 31,000 units, missing our estimate of 39,000. Revenues from the segment jumped 967% year over year to $1.2 billion, but lagged our estimate of $1.5 million on lower-than-expected units sold. The segment incurred a loss before interest and taxes of $849 million compared with our model estimate of a loss of $1.17 billion.

Total wholesale volume in the Ford Pro segment decreased 14% year over year to 352,000 and missed our expectation of 370,000 units. Revenues from the segment slumped 16% year over year to $15.2 billion, missing our expectation of $16.24 billion on lower-than-expected units sold. Earnings before interest and taxes came in at $1.31 billion with an EBIT margin of 8.6%. EBIT was below our projection of $1.5 billion.

First-quarter revenues from the Ford Credit unit came in at $3.24 billion, up 12% year over year and ahead of our estimate of $3.01 billion. Pretax earnings were roughly $580 million, up 78% year over year.

(Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)

Financial Position

Ford reported negative adjusted free cash flow of $1.5 billion for the quarter. It had cash and cash equivalents of $20.9 billion as of March 31, 2025. Long-term debt, excluding Ford Credit, totaled $16.64 billion on March 31, 2025.

Story Continues

Ford currently carries a Zacks Rank #3 (Hold).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Other Key Releases From the Auto Space

Autoliv Inc. ALV reported first-quarter 2025 adjusted earnings of $2.15 per share, which beat the Zacks Consensus Estimate of $1.72 and rose 37% year over year. The company reported net sales of $2.58 billion in the quarter. The figure beat the Zacks Consensus Estimate of $2.47 billion but fell 1.4% year over year.

Autoliv had cash and cash equivalents of $322 million as of March 31, 2025. Long-term debt totaled $1.57 billion. Operating cash flow in the quarter under review was $77 million, and capital expenditure amounted to $93 million, resulting in a negative free cash flow of $16 million. In the quarter, ALV paid a dividend of 70 cents per share and repurchased 0.5 million shares.

Mobileye Global Inc. MBLY reported first-quarter 2025 adjusted earnings per share of 8 cents. The figure was in line with the Zacks Consensus Estimate. The company reported a loss of 7 cents per share in the year-ago quarter. Total revenues amounted to $438 million, beating the Zacks Consensus Estimate of $434 million. The metric also rose 83% year over year.

MBLY had cash and cash equivalents of $1.51 billion as of March 29, 2025, compared with $1.43 billion as of Dec. 28, 2024. Operating cash flow for the three months ended March 29, 2025, was $109 million. Capex was $14 million during the same time frame.

Group 1 Automotive GPI reported first-quarter 2025 adjusted earnings per share of $10.17, which beat the Zacks Consensus Estimate of $9.68 and rose 7.17% year over year. The automotive retailer registered net sales of $5.51 billion, beating the Zacks Consensus Estimate of $5.34 billion. The top line also rose from the year-ago quarter’s $4.47 billion.

Group 1 had cash and cash equivalents of $70.5 million as of March 31, 2025, up from $34.4 million as of Dec. 31, 2024. Total debt was $2.8 billion as of March 31, 2025, down from $2.91 billion as of Dec. 31, 2024.

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Ford Motor Company (F):Free Stock Analysis Report

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