Ford Motor Co. (F) Wednesday reported first-quarter profit of $3.3 billion or $0.81 per share, compared to last year's loss of $2.0 billion or $0.50 per share.
Excluding items, adjusted earnings for the quarter were $0.89 per share, compared to a loss of $0.23 per share. On average, 16 analysts polled by Thomson Reuters expected the company to report an earnings of $0.21 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter gained 6% to $36.2 billion from $34.3 billion in the same period last year. Analysts expected revenue of $32.23 billion for the quarter.
Looking forward, the company now assumes that it will lose 10% of planned second-half 2021 production. Ford now expects to lose about 1.1 million units of production this year to the semiconductor shortage.
The company now anticipates full-year 2021 adjusted EBIT to be between $5.5 billion and $6.5 billion, including an adverse effect of about $2.5 billion from the semiconductor issue.
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April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.