Agent009 submitted on 7/26/2011 Auto Spies Photos Timestamp: 12:47:30 PM
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Ford Motor Co. reported slightly lower second-quarter earnings today, primarily reflecting higher commodity and other costs, but achieved a further reduction in debt. The Dearborn automaker reported $2.4 billion of net income for the second quarter, down $201 million from the year-earlier quarter.Its pre-tax operating profit of $2.9 billion, or 65 cents per share, was down $64 million from last year, but ahead of analysts' expectations.Full 2011 Comicon Photo GalleryWaterfest 2011 Photo GallerySPIED! FIRST Look Next-Gen Ford Escape Photo Gallery2012 Audi A5 S5 Photo Gallery2011 ALMS Northeast Grand Prix Photo GalleryCars And Parades! Tribute To The Fourth Of July Photo GalleryEurocar Heaven! Best Of Rome Photo GalleryAutoSpies.com Photo GalleriesIf you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com Share on FacebookRead Article
The Dearborn automaker reported $2.4 billion of net income for the second quarter, down $201 million from the year-earlier quarter.
Its pre-tax operating profit of $2.9 billion, or 65 cents per share, was down $64 million from last year, but ahead of analysts' expectations.
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