Posts Tagged ‘ford’

Ford went to the annual profit for the first time since 2005

Monday, February 1st, 2010

fordThe U.S. auto giant Ford Motor came out of annual earnings in 2009, which has not happened since 2005, sent Wall Street Journal. Thus, the fourth largest car producer in the world are distinguished from their American rivals General Motors and Chrysler, who were rescued by the government or declared bankruptcy in 2009. Net profit for the entire Ford Motor in 2009 amounted to 2.7 billion and revenues of EUR 118.3 billion. For 2008 the company reported a loss of 14.7 billion dollars. Its leadership is not expected to come out of annual earnings before 2011. For the last quarter of 2009, Ford Motor made a profit of 868 million, or 25 cents a share. For the same three months of 2008 the company had a loss of 5.98 billion dollars or 2.51 dollars per share. If you exclude one-off effects earnings per share for the fourth quarter was 43 cents. That topped analysts’ forecast of earnings per share of Ford Motor from 26 cents. Its revenues for the fourth quarter of 2009 amounted to 35.4 billion dollars.
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Ford surprised with 1 billion USD profit

Friday, October 30th, 2009

economy usaThe U.S. auto giant Ford literally threw the bomb in its report for the third quarter. He showed an impressive gain of 997 million, or 29 cents a share, in the preliminary loss estimates of 13 cents per share. Operating profit of the company, which is the only key producer of automobiles in the United States, which sought help from the state amounted to 873 million dollars, if not taken into account one-off effects. This equates to 26 cents a share. Thus the company reported its first quarter with an operating profit before tax from January-March 2008 to date. For the third quarter of last year, Ford had a loss of 161 million dollars, which amounts to 7 cents a share. Operating profit of the giant in the third quarter of last year amounted to 3 billion dollars or 1.32 dollars per share, transmit Market Watch. Ford’s revenue for the third quarter of this year show a minimal decrease from last year, decreased by 31.7 billion to 30,9 billion dollars. Preliminary analysts’ expectations were for a loss of 13 cents per share on revenue of 29.1 billion dollars.
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