In this article

DETROIT – Ford Motor

raised its 2026 guidance on Wednesday after beating Wall Street's first-quarter expectations and reporting a $1.3 billion tariff refund benefit after the U.S. Supreme Court ruled that some of President Donald Trump's tariffs were illegal.

Ford stock rose more than 6% in after-hours trading.

Here's how the company performed in the first quarter compared with average estimates compiled by LSEG: