News from Ford
Ford Motor Co.'s net income more than doubled to $2.5 billion in the first quarter as strong sales of trucks and SUVs pushed North American revenue to record levels. The company's pretax profit of $3.8 billion was an all-time record for any quarter.
Ford earned a record operating margin of 9.8 percent and increased its global market share two-tenths of a percentage point to 7.1 percent thanks to gains in North America, Europe and Asia Pacific. It also set a record automotive pre-tax profit of $3.3 ...
Ford Motor Co. delivered record results in the first-quarter amid strong truck sales, with net income more than doubling in the period and an operating margin in the core North American unit rivaling those returned by high-end luxury brands. Ford ...
(AP) — Ford Motor Co.'s net income more than doubled to $2.5 billion in the first quarter on strong sales of trucks and SUVs in North America. The company's pretax profit of $3.8 billion was a record. Worldwide sales rose 10 percent to 1.7 million ...
Ford's net income was $2.45 billion, or 61 cents per diluted share, versus $1.3 billion or 29 cents per diluted share a year ago. Excluding one-time items, Ford's earnings per share of 68 cents easily beat Wall Street expectations of 48 cents per share.
Ford Motor Co. F, +0.44% shares rose 3.2% in pre-market trade Thursday after the company beat first-quarter revenue and earnings expectations. Earnings for the latest quarter rose to $2.5 billion, or 68 cents per share, compared with $1.2 billion, or ...
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