Ford at the New York International Auto Show on April 2, 2026 in New York City.
Daniel DeVries | CNBC
Detroit — ford motor The company plans to announce first-quarter results after the market closes on Wednesday.
Here’s what Wall Street is expecting, based on a survey of analysts by LSEG.
Earnings per share: 19 cents (adjusted) Auto revenue: $38.82 billion
These results result in auto sales increasing approximately 3.7% year over year and adjusted earnings per share increasing 35.7% from 14 cents.
Ford’s first-quarter 2025 results showed auto revenue of $37.42 billion, adjusted earnings before interest and taxes of $1.02 billion, and net income of $471 million. Total revenue, including Ford Credit’s lending division, was $40.7 billion.
Apart from earnings and changes to the automaker’s 2026 guidance, investors will be monitoring the fallout from the Iran war, the impact of tariffs, and production updates after two fires at major aluminum supplier Novelis. They also note additional fees associated with automakers’ withdrawal of all-electric vehicles.
In December, Ford announced plans to record approximately $19.5 billion in special items starting in the fourth quarter of 2025 related to realigning business priorities and EV investments. That includes $7 billion in 2026 and 2027, with the bulk of the $5.5 billion in cash charges through 2027 being recorded this year, Ford said at the time.
The Detroit automaker’s 2026 outlook released in February included adjusted EBIT of $8 billion to $10 billion, up from $6.8 billion last year. Adjusted free cash flow will be $5 billion to $6 billion, up from $3.5 billion in 2025. Capital expenditures increased from $8.8 billion to $9.5 billion to $10.5 billion.
