Ford stock today latest news: Ford stock surges after Q3 earnings beat expectations despite Novelis plant fire hitting guidance – here’s what investors need to know
Ford Shares Rise After Strong Q3 Earnings, But Aluminum Plant Fire Affects F-150 and SUV Production
A fire at the Novelis aluminum plant in New York disrupted production of Ford’s F-150 pickups and SUVs, and the company now expects an adjusted EBIT tailwind of $1.5 billion to $2 billion in 2025, according to a Yahoo Finance report. The full impact will be reflected in Ford’s fourth quarter results. The automaker expects to shave off at least $1 billion of that adjusted EBIT hit in 2026.
Ford Lowers Full-Year Guidance
As a result, Ford lowered its full-year forecast, forecasting adjusted EBIT of $6 billion, down from $6.5 billion previously to $7.5 billion. Adjusted free cash flow is expected to fall from $3.5 billion to $4.5 billion, falling from $2 billion to $3 billion, according to the report. Ford said capital expenditures of about $9 billion were unchanged.
CFO Sherry House said that had it not been for the Novelis fire, the company would have easily surpassed its full-year target and would have tracked more than $8 billion in adjusted EBIT. According to Yahoo Finance, COO Kumar Galhotra added that there will be cuts in F-150 production in the coming weeks.
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Novelis Expected to Restart This Year
Investors were reassured by news that Novelis plans to restart the plant later this year rather than in 2026; This helped Ford’s shares rise again after a previous 3% decline, according to the report.
Ford’s Plans to Increase Truck Production in 2026
Ford also announced plans to increase F-150 and F-Series Super Duty production by more than 50,000 trucks in 2026 to make up for lost production, according to the report. According to a Yahoo Finance report, production of the F-150 Lightning EV will remain paused for now as the company prioritizes gasoline and hybrid truck production. ALSO READ: 2025 target layoffs revealed: Why retailer is cutting 1,800 corporate jobs and which roles are affected
Ford 3rd Quarter Results Exceed Expectations
The company’s Q3 results exceeded expectations; Automotive revenue was $47.185 billion versus the consensus estimate of $43.7 billion, and adjusted earnings per share were $0.45, beating the $0.36 expected, according to the report. According to the Yahoo Finance report, adjusted EBIT was $2.6 billion, above the $2.02 billion estimate.
According to Bloomberg, third-quarter estimates include $28 billion in revenue and $1.54 billion in EBIT for the Ford Blue, $1.8 billion in revenue and -$1.41 billion in EBIT for the Model e, and $17.4 billion in revenue and $1.985 billion in EBIT for the Ford Pro, as reported by Yahoo Finance.
Impact of Automatic Tariffs
Ford is also grappling with $700 million in costs from U.S. President Donald Trump’s auto tariffs for the third quarter, pushing its full-year net impact to $1 billion. According to a Yahoo Finance report, the offsets implemented by the White House are expected to reduce some of this burden on domestic automakers, including Ford, which produces 80% of its vehicles in the United States.
Ford+ Business Structure
Under the Ford+ plan, the company is splitting its business into three units: Ford Blue for traditional gas-powered vehicles, Model e for electric vehicles, and Ford Pro for commercial and super-duty trucks, according to the report.
Ford’s Strong Third Quarter Sales Driven by Trucks
Overall sales in the third quarter reached 545,522 units, an increase of 8.2% compared to the previous year. According to the report, truck and van sales, including F-Series, Ranger and Maverick models, increased 7.4% to 313,654 units; F-Series trucks alone are up almost 13% year-to-date.
FAQ
Why did Ford shares rise after hours today?
Ford beat Wall Street’s third-quarter revenue and earnings expectations, boosting investor confidence.
How did the Novelis aluminum factory fire affect Ford?
It disrupted F-150 and SUV production, creating a hit of $1.5 billion to $2 billion in adjusted EBIT in 2025.
