Ford pulls guidance and warns of $1.5 billion profit hit
Tariff impact of $1.5 billion Guidance suspended Guidance to restart from Q2 Ford Motor Company (F:NYSE) pulled its forward guidance and warned of a net $1.5 billion hit to adjusted EBIT (earnings before interest and taxes) in 2025, sending the shares 2%% lower in after-hours trading on Monday (5 May). For context, the Detroit-based automaker had previously projected 2025...