Ford Motor Company
Shortcut
0.42Normalized diluted EPS
+4.3% vs Street
Street
0.40Normalized diluted EPS
October 25 consensus snapshot
Real
0.49Issuer non-GAAP diluted EPS
Model download
Explore the assumptions and calculations behind the forecast.
Shortcut’s reasoning.
Segment build gives 3Q26E company adjusted EBIT of $2.488bn (Blue $1.235bn, Pro $1.830bn, Model e -$1.120bn, Ford Credit $713M, Corporate -$170M) vs consensus EBIT $2.378bn and JPMorgan $2.5bn; FY26 guidance $10-11bn (raised twice) implies $4.0-5.0bn in 2H26.
Adjusted EPS = ($2.488bn EBIT - $360M interest) x (1 - 20% adjusted tax) - $5M NCI = 1,698M / 4,068M diluted shares = $0.417 vs $0.40 consensus; an even 2H split of the guidance midpoint implies only $0.37, but 3Q has historically out-earned 4Q.
Observable volume headwinds: Q3 U.S. sales -6.6% (Escape/Corsair exit) and a late-September F-150 supplier shutdown (Ford: containable within guidance; UBS: expected beat reduced to in-line); Super Duty production was the best in 19 years, supporting Ford Pro.
On the record.
- Reporting period
- Q3 2026 (FQ3 2026 - Sep 2026; quarter ended 2026-09-30)
- Reporting basis
- consensus data-normalized adjusted diluted EPS
- Consensus snapshot
- October 25, 2026
- Model / effort
- Opus 5.5 · High effort
- Workbook
- Reviewed workbook
Record history
- Forecast generated
- Oct 26, 2026 at 10:36 AM PDT
- Reviewed revision completed
- Oct 26, 2026 at 10:36 AM PDT
- First published
- Oct 26, 2026 at 11:39 AM PDT
Result basis
Ford reports Q3 adjusted diluted EPS $0.49 and GAAP diluted EPS $0.50 for September 30,2026. Its Total Company Highlights and non-GAAP reconciliation explicitly identify adjusted diluted EPS. This retains the published issuer-adjusted USD per diluted Common+Class B share convention, without replacing it with GAAP.