fangsi66: Excluding one-time items, the company

reported a profit of 39 cents hogan sito ufficiale per share compared to analyst expectations of 35 cents, according to Thomson Reuters I/B/E/S.
The No. 2 U.S. automaker reported first-quarter net income of $1.40 billion, or 35 cents per share, down from the $2.55 billion, or 61 cents a share, a year earlier.
About half that drop in net income was due to a higher tax rate after Ford made an accounting change late last year, it said.
Revenue fell to $32.4 billion from $33.1 billion. Analysts had expected $31.27 billion, according to Thomson Reuters I/B/E/S.
For Europe, Ford reported a hogan outlet pretax loss of $149 million, hurt by dwindling auto demand as many countries there experienced recession-like conditions. It also reported a loss for its operations in Asia and Africa as well as lower earnings in South America.
Ford depended on its home market for strength. North American pretax earnings were $2.1 billion, up $289 million from a year ago. That quarterly profit was the best since at least 2000, when the company began breaking out regional results.