Ford beats Q2 estimates, raises outlook despite sales headwinds - update

Ford reported Q2 results beating estimates, with revenue of $48.3B and adjusted EPS of $0.37, despite a net loss of $1.3B due to pre-tax charges. The company raised its full-year outlook, projecting adjusted EBIT of $10B-$11B and improved cash flow. Analysts noted Ford's pricing power and cost reduction efforts contributed to profitability, signaling a brightening outlook amid sales headwinds.