Ford Motor NYSE:F heads into second-quarter earnings with Wall Street expecting lower profit and revenue after a sharp decline in U.S. vehicle sales.
The automaker is scheduled to report after the closing bell on Tuesday, July 28. Analysts expect earnings of $0.35 per share, down 5.4% from a year earlier, on revenue of $45.47 billion, a 3.1% decline.
Ford sold 549,200 vehicles in the U.S. during the quarter, down 10.3% year over year. Electric vehicle sales fell about 41%, while hybrid sales dropped 20%, adding pressure to a business already dealing with tariffs, weaker pricing and elevated supply-chain costs.
Investors will also be watching for an update on Ford Energy, the company's emerging battery-storage business. Morgan Stanley has argued the unit could become an overlooked growth driver, potentially supplying hyperscalers and other large energy users and eventually reaching a valuation of roughly $10 billion.