Ford Profits Jump 15% In First Quarter Due To Strong US Sales

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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quizz - 4/24/2013 12:56:32 PM

+1 Boost

With gas prices dropping, I'm sure F150 trucks, Explorer are suddenly more popular. Also, the Focus and Escape are selling like hotcakes.

trmckin - 4/24/2013 2:38:40 PM

+1 Boost

Did f-150 sales ever really suffer even during the high gas prices? Seemed to be what kept Ford ahead of the other domestics if memory serves.

I see your point though. Would think if that was the case, GM and Ram would see a surge as well.

carsnyc - 4/24/2013 1:30:48 PM

+1 Boost

The only thing stopping them is Lincoln