Ford Q2 earnings due July 30: Profit, revenue seen falling as investors watch tariff impact

Ford (NYSE:F) is set to report its Q2 earnings after market close on Wednesday, July 30, with analysts expecting a sharp year-over-year drop in profit and revenue, while investors await updates on the impact of tariffs.

The consensus EPS estimate is $0.33 (-29.8% Y/Y) on revenue of $43.93 billion (-2.0% Y/Y).

Ford’s upcoming results arrive amid tariff concerns that could dent U.S. consumer purchasing power, though new interest-related tax breaks may offer partial relief.

Still, ongoing EV losses and unresolved warranty issues raise caution, making a long position in F stock difficult to justify for now, one Seeking Alpha analyst writes.

“As Ford Motor Company (NYSE:F) prepares to unveil earnings for the second quarter, it’s a coin-toss whether investors will have more questions about President Trump’s tariff policies or his new tax legislation. Policy changes are coming so fast … that it’s getting hard to keep up.”

Back in May, Ford reported a solid set of quarterly results, despite the tariff uncertainty, and most recently reported Q2 sales growth of 14.2%.

“I’ll be curious to see if Ford reinstates its guidance when it reports numbers…New potential duties announced on Canada and Mexico could sting, but it’s likely that such reciprocal tariffs have been baked into the stock price to an extent,” Mike Zaccardi, a Seeking Alpha analyst, said.

“The good news is that Ford is less exposed than some of its competitors, thanks to its significant domestic manufacturing footprint.”

The company has meanwhile recalled 850,000 vehicles for a fuel pump defect, marking the latest in a string of recalls that have raised fresh concerns about the automaker’s quality control and brought its six-month total higher than any other automaker’s full-year tally.

Over the last 2 years, F has beaten EPS and revenue estimates 75% of the time.

Over the last 3 months, EPS estimates have seen 9 upward revisions and 6 downward. Revenue estimates have seen 6 upward revisions and 2 downward.