Ford (F) shares surged 10% to $13.56 on Friday. Despite the impact of the Novelis incident, Ford's Q3 profits and sales surpassed Wall Street expectations, showcasing strong overall performance. The adjusted earnings per share for the third quarter was $0.45, exceeding the analysts' average estimate of $0.36. Revenue hit a record $50.5 billion, again exceeding the analysts' forecast of $43.7 billion. The financial report indicated that Ford's total revenue for Q3 was $50.5 billion, a 9.3% increase year-over-year, with a net profit of $2.4 billion. The company revised its full-year adjusted EBITDA expectations down to $6 billion to $6.5 billion, from a previous forecast of $6.5 billion to $7.5 billion. Ford expects adjusted free cash flow for the year to be between $2 billion and $3 billion. CFO Sherry House mentioned that prior to the fire incident, the company was on track to achieve over $8 billion in EBIT this year. "If it weren't for the Novelis fire, we would have raised our performance guidance," House stated. Additionally, Ford now anticipates that the tariff policy introduced by the Trump administration will result in financial losses of $1 billion for the company, lower than the previous estimate of a $2 billion net loss.