Ford sees profit rebounding after surprise year-end tariff bill

Bloomberg:An unexpected change in tariff provisions cost Ford about $900 million in savings it expected last year, Chief Financial Officer Sherry House told reporters on Tuesday. The Trump administration informed Ford on Dec. 23 about the matter, which effectively doubled Ford’s tariff toll to $2 billion.

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Adjusted earnings before interest and taxes will be $8 billion to $10 billion in 2026, up from $6.8 billion last year. The midpoint of Ford’s outlook is slightly ahead of the $8.86 billion average of analyst estimates compiled by Bloomberg…