Ford
Q1 2022 Earnings Call
Apr 27, 2022, 5:00 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good day, ladies and gentlemen. My name is Andrea, and I will be your conference operator today. At this time, I would like to welcome you to the Ford Motor Company first quarter 2022 earnings conference call. [Operator instructions] Please note, this event is being recorded.
At this time, I would like to turn the call over to Lynn Antipas Tyson, executive director of investor relations. Please go ahead.
Lynn Tyson
Thank you, Andrea. Welcome to Ford Motor Company's first quarter 2022 earnings call. With me today are Jim Farley, our president and CEO; and John Lawler, our chief financial officer. Also joining us for Q&A is Marion Harris, CEO of Ford credit; Hau Thai-Tang, chief industrial platform officer; and Doug Field, chief EV and digital systems officer Ford Model e.
Today's discussions include some non-GAAP references. These are reconciled to the most comparable U.S. GAAP measures in the appendix of our earnings deck. You can find the deck, along with the rest of our earnings materials and other important content, at shareholder.ford.com.
Today's discussions also include forward-looking statements about our expectations. Actual results may differ from those stated. The most significant factors that could cause actual results to differ are included on Page 28. Unless otherwise noted, all comparisons are year over year.
Company EBIT, EPS and free cash flow are on an adjusted basis, and product mix is volume weighted. With that, I'll turn the call over to Jim.
Jim Farley -- President and Chief Executive Officer
Hello, everyone. Thank you, Lynn, and thanks for joining our first quarter 2022 earnings call. Yesterday, I was with Bill Ford and our incredible team at the Rouge factory, where my grandfather worked, to celebrate Job One for the F-150 Lightning. We were all so proud as a team for delivering a truly breakthrough electric truck and delivering it on time as a launch.
The excitement around the truck is like nothing I've ever seen in my career. In fact, the power went out in the facility, and we ran most of the presentation with F-150 Pro power on board. While we have work ahead to fully scale production and fill an extraordinary order bank, both for our retail Lightning customers and Ford Pro, make no mistake, this is a very important moment for us at Ford. We're accelerating our significant transformation.