05:50 AM EDT, 05/06/2025 (MT Newswires) -- (Updates with the tariff impact on EBIT and stock movement in the fifth and sixth paragraphs.)

Ford Motor ( F ) reported Q1 non-GAAP earnings late Monday of $0.14 per diluted share, down from $0.49 a year earlier.

Analysts polled by FactSet expected breakeven adjusted EPS.

Revenue in the quarter ended March 31 fell to $40.66 billion from $42.78 billion a year earlier.

Analysts surveyed by FactSet expected $38.02 billion.

The automaker said it is withdrawing its 2025 guidance, citing "material near-term risks," especially those stemming from trade policies. The company estimates tariffs to drive a net adverse impact of roughly $1.5 billion on its full-year adjusted earnings before interest and taxes.

Ford shares were down 2.6% in recent premarket activity Tuesday.