Shares in the U.S. auto sector have been volatile as global tariffs and supply chain issues have spooked investors - and forced even long-established companies to make tough choices. In May, when Ford (F) withdrew its annual guidance, investor confidence took a serious hit based on fresh concerns about the sustainability of its dividend amid new trade-related pressures.
Now, Ford is bringing back some optimism by reinstating its full-year outlook, just after reporting a 5% jump in second-quarter sales that outpaced Wall Street’s expectations. Adjusted earnings per share for the quarter came in at $0.37, which comfortably beat consensus estimates of $0.33 by 11.1%. Still, Ford now faces a real $2 billion tariff impact, directly accounted for in its latest guidance.
