ford posts solid q3 profit as sales surge
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Ford posts solid Q3 profit as sales surge

Arab Today, arab today

Arab Today, arab today Ford posts solid Q3 profit as sales surge

New York - AFP

Ford Motor Co. on Wednesday reported solid profits for the third quarter as sales raced higher. The number-two US automaker said it had income of $1.65 billion in the July-September period. Revenue rose 14 percent for the nation's best-selling brand, the Dearborn, Michigan-based company said in a statement. Ford's profit was two percent lower than the same period in 2010, but exceeded market expectations. Earnings per share excluding special items were 46 cents, a penny more than most analysts estimated.  

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