Es la sexta ganancia trimestral consecutiva. La utilidad de $1,7 billones o 43 centavs por acción logró sobrepasar todos los estimados de analistas de Wall Street, los cuales habían proyectado 38 centavos por acción. El mismo trimestre del año pasado, Ford Company había logrado una utilidad de $1 billón.
Ford Motor Co.'s third-quarter net income rose 68 per cent as it grabbed a bigger share of the U.S. auto market and buyers paid more for its highly-rated cars and trucks.
It was Ford's sixth straight quarterly profit. The automaker says it earned US$1.7 billion, or 43 cents per share, beating Wall Street estimates.
Analysts polled by Thomson Reuters had forecast earnings of 38 cents per share. Those estimates typically exclude one-time items.
Ford earned $1 billion, or 26 cents per share, in the same quarter a year earlier.
Revenues fell 3 per cent to $29 billion. But excluding revenue from Volvo, which was sold, revenues rose.
The automaker says it expects to end the year with as much cash as it has debt, a year earlier than it had previously forecast.
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