Ford Suspends Its Outlook Amid Tariff Worries
1. Ford's Q1 earnings topped estimates, but full-year forecast suspended. 2. Expected $1.5 billion hit due to auto tariffs impacting adjusted EBIT. 3. Q1 EPS of 14 cents fell 71% YoY; revenue down by 5%. 4. GM warned of $4-$5 billion impact from tariffs on its outlook. 5. Ford shares dropped about 3% post-announcement, down 20% in a year.