Ford Motor is set to report earnings after the bell. Here's what Wall Street expects - CNBC

What the report says

CNBC reported that Ford Motor raised its 2026 earnings outlook after second-quarter adjusted profit topped Wall Street expectations, even as automotive revenue came in below estimates. The Detroit automaker reported adjusted earnings of 42 cents per share, compared with the 35 cents analysts expected, according to LSEG estimates cited by CNBC. Automotive revenue was $44.89 billion, short of the $45.86 billion expected. Ford shares rose nearly 7% in after-hours trading Tuesday following the report.

The company now expects full-year adjusted earnings before interest and taxes of $10 billion to $11 billion, up from its prior range of $8.5 billion to $10.5 billion. Ford also increased its adjusted free cash flow forecast to $6 billion to $7 billion. CNBC said the company attributed the stronger outlook to operational improvements, stable vehicle pricing and a sales mix weighted toward more profitable products.

Ford’s net result was weaker on a GAAP basis: it posted a $1.3 billion second-quarter net loss, largely tied to $4.2 billion in special charges from its retreat from some electric-vehicle plans. Those charges included restructuring connected to its BlueOval SK battery joint venture with SK On and costs from a canceled EV program. The company also reduced its expected losses for the Model e electric-vehicle unit to about $4 billion.

CNBC also reported that Ford reaffirmed plans for about $1 billion in material and warranty cost reductions and expects improved F-Series truck production in the second half of the year after aluminum supplier Novelis restarted affected production. The update matters because Ford’s profit outlook depends heavily on high-margin trucks, fleet operations and managing losses in electric vehicles.