Ford reported first quarter net income up 15% to $1.6 billion, due to record profits in North America, which offset weakness in South America and Europe.
Ford manages to surpass Wall Street analysts’ estimations of 37 cents per share, reaching 40 cents per share, an increase from 35 per share during the same period last year. Revenue increased 10% to $35.8 billion, also surpassing analysts’ predictions of $33.5 billion.
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