Ford shares were set for a lower open on Wednesday after the company reported disappointing earnings guidance.
The US car giant said it expected adjusted earnings per share in the range of $1.45 to $1.70 for 2018 compared to around $1.78 per share in 2017.
Analysts polled by Thomson Reuters had been projecting Ford to earn $1.83 per share in 2017 and $1.62 per share in 2018.
Ford shares were trading down 3% in pre-market trading on Wednesday, pointing to a rough day when the session opens in New York.
The company blamed higher metals prices, including aluminium and steel, as well as adverse currency movements for the deteriorating earnings trend, which it estimates will hit the bottom line by $1.6bn in 2018.