Ford Earnings Examined as Automaker Ramps Up EV Ambitions

Ford will release first quarter earnings on May 2, showing revenue growth but lagging profits as the company invests heavily in electric vehicles.
Ford sold nearly 11,000 electric vehicles in the first quarter, but sales of the Mustang Mach-E fell by almost 20%.
Ford's electric vehicle business is on track to lose $3 billion this year, though first-generation models are nearing profitability.
Analysts expect Ford's revenue to climb to $39 billion with earnings of $0.41 to $0.42 per share.
Ford faces pressure to match the strong results recently reported by rival General Motors.