Ford Motor sets records for profit, operating margins
Published 28/04/2016 | 13:00
Ford Motor Co reported a 113 percent rise in net income and company records for global and North American operating margins.
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.