DETROIT — Ford Motor is ready to report its first-quarter earnings after the bell Tuesday. This is what Wall Avenue is anticipating, in line with Refinitiv consensus estimates:

• Adjusted earnings per share: 41 cents
• Automotive income: $36.08

These outcomes would mark a year-over-year enhance of 12.4% in automotive income, because the automaker’s operations stabilize from provide chain issues which have impacted manufacturing in recent times.

Ford has beforehand issued steering for this 12 months of adjusted earnings between $9 billion and $11 billion and roughly $6 billion in adjusted free money circulate. Ford mentioned it plans to have capital expenditures of between $8 billion and $9 billion in 2023.

This quarter, Ford is reporting its monetary outcomes by enterprise unit, as an alternative of by area, for the primary time. The Detroit automaker launched revised outcomes for 2021 and 2022, together with billions in losses on electrical automobiles that Ford mentioned may attain as a lot as $3 billion this 12 months.

Wall Avenue can be carefully monitoring the automaker’s EV unit, often known as Mannequin e, along with any feedback on EV pricing following Tesla worth adjustments. Automakers try to steadiness development and losses/income relating to EVs.

Ford on Tuesday mentioned it will once more lower the beginning costs of its electrical Mustang Mach-E by hundreds of {dollars}, because it will increase manufacturing and reopens order banks for the crossover.

Analysts will even be monitoring how earnings from the automaker’s conventional car enterprise, often known as Ford Blue, are trending and any progress on “execution points” that had been outlined earlier this 12 months by Ford CEO Jim Farley.

There’s extra strain on Ford’s first-quarter outcomes after crosstown rival Normal Motors final week raised key steering for 2023 and reported outcomes that topped Wall Avenue’s top- and bottom-line forecasts.

GM raised its adjusted earnings expectations to a variety of $11 billion to $13 billion, or $6.35 to $7.35 a share and expectations for adjusted automotive free money circulate to between $5.5 billion and $7.5 billion.

— CNBC’s Michael Bloom contributed to this report.

It is a growing story. Please verify again for extra particulars.