Ford reports Q2 EPS 37c, consensus 33c

Reports Q2 revenue $50.2B. The company said, “We recorded our fourth consecutive quarter of year-over-year cost improvement, excluding the impact of tariffs, building on progress we made last year when we closed roughly $1.5 billion of our competitive cost gap in material cost. Our balance sheet keeps getting stronger, further enabling our ability to invest in areas of strength. We are remaking Ford (F) into a higher-growth, higher-margin and more durable business – and allocating capital where we can compete, win and grow.”