Ford is warning shareholders and the capital markets that the $8.2 billion it earned from its Rivian investment after the public offering will not be included in Ford’s full-year adjusted EBIT or adjusted EPS. When Ford last provided full-year adjusted EBIT guidance with its Q3 results on Oct. 27, a ~$900 million gain was included in the forecast range of $10.5 billion to $11.5 billion.
Ford Motor Warns of Large FY 2021 Special Items