| Gallery | Photo | News | Bmw | Ford | Nissan | Honda |

Ford surpasses expectations

Ford surpasses expectations picture #1

Ford sales in Canada in January 2014

Ford surpasses expectations picture #2

Ford Canada is still the best seller in December

Ford surpasses expectations picture #3

Auto sales in the country jumped 4 percent in 2013

Ford surpasses expectations picture #4

Ford ahead of Toyota with 2.4 million sales in North America

The American automobile giant Ford displays results Tuesday superiors analysts' expectations for the fourth quarter and for the year, due to strong performance in North America and Asia.

The company has a quarterly cash earnings of U.S. $ 3 billion, or 74 cents per share, mainly due to non-recurring accounting gain. Excluding this gain, its quarterly earnings amounted to 31 cents per share, while analysts expected 27 cents per share.

Quarterly revenues were ahead by 3.5 percent to U.S. $ 37.6 billion.

For the year, Ford announced a profit of U.S. $ 7.2 billion or U.S. $ 1.76 per share. Except for certain non-recurring items, the company made a profit of U.S. $ 8.56 billion or $ 1.62 per share.

Its revenues for the year jumped 10 percent to U.S. $ 146.9 billion.

Ford surpasses expectations picture #5

Read also: recent reviews, test drives, automotive trends and the latest news from the world of cars.


Read more about:

Popular News

View more:

More Popular Images
© 2014: All rights protected.
Contacts Google Sitemap