-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點摘要如下： 福特汽車(F)公佈的第一季調整後每股收益為0.66美元，高於預期的0.14美元，遠超市場普遍預期的0.19美元。業績超預期主要得益於強勁的銷售額和利潤率，汽車業務收入成長6.4%至398.2億美元（超出市場預期10億美元），調整後息稅前利潤率提升560個基點至8.1%。業績中包含13億美元的一次性《國際緊急經濟權力法案》(IEEPA)關稅優惠，該優惠反映了2025年3月至2026年2月期間的繳稅金額。福特將全年調整後息稅前利潤預期從80億至100億美元上調至85億至105億美元，其中數值遠高於市場普遍預期的88.7億美元。福特汽車對2026年調整後自由現金流和資本支出的預期分別維持在50億至60億美元和95億至105億美元不變。受業績超預期和上調預期提振，福特股價在盤後交易中一度大幅上漲，但隨後迅速回落。原因是市場質疑，鑑於13億美元的國際緊急經濟夥伴關係協定（IEEPA）關稅優惠，福特為何沒有更大幅度地上調全年盈利預期。這似乎主要是因為該公司預計2026年大宗商品成本將面臨更大的上漲壓力（約20億美元）。
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