Company news: Ford Motor (F) posts mixed quarterly results

Ford Motor (F) reported Q1 FY2025 earnings of $0.14 per share (versus $0.49 per share in Q1 FY2024), beating analysts’ consensus estimate of $0.00 per share.

The company’s quarterly revenues amounted to $37.422 bln (-6.2% y/y), missing analysts’ consensus estimate of $38.022 bln.

The company also suspended its FY2025 guidance, citing material near-term risks for the industry, "which could have significant impacts on financial results, and that make updating full year guidance challenging right now given the potential range of outcomes."

F fell to $9.95 (-2.16%) in pre-market trading.