Ford Motor Co. reported better-than-expected quarterly profit and sales, but the stock lost nearly 5% after hours Monday as investors focused on a $1.2 billion loss for the car maker’s EV business and a guidance tweak signaling lower profit for the year.

Adjusted earnings before interest and taxes this year will be about $10 billion, down from a previous outlook for as much as $12 billion, the company said Oct. 28.

Ford Motor said on Monday it expects to meet just the lower end of its full-year profit guidance, and shares fell 5% in after-hours trading. Ford said it expects to earn about $10 billion in earnings before interest and taxes this year,

Ford Motor said its adjusted profit for the full year would come in at the low end of its guidance, disappointing investors after rivals General Motors and Tesla posted surprisingly strong results. The automaker has been struggling with deep losses on its electric-car business and higher warranty costs,