Quarterly Financial Results
Company
Ford
Earnings / (Loss) Per Share Reconciliation To Adjusted Earnings / (Loss) Per Share
Diluted After-Tax Results ($M)
Diluted after-tax results (GAAP)
Less: Impact of pre-tax and tax special items
Adjusted net income - diluted (Non-GAAP)
2022
First Quarter
2023
(3,110)
1,757
(4,674)
(768)
1,564
$
2,525
4,008
3,990
56
39
Basic and Diluted Shares (M)
Basic shares (average shares outstanding)
Net dilutive options, unvested restricted stock units,
unvested restricted stock shares, and convertible debt
Diluted shares
4,064
Earnings (Loss) per share - diluted (GAAP)*
Less: Net impact of adjustments
Adjusted earnings per share - diluted (Non-GAAP)
(0.78)
EA
(1.16)
EA
$
0.38
$
SA
4,029
$
0.44
(0.19)
0.63
For Q1 2022, there were 56M shares excluded from the calculation of
diluted earnings/(loss) per share, due to their anti-dilutive effect
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