Ford Motor (F) will be releasing fourth-quarter results before the markets open Tuesday. Analysts, on average, are expecting earnings of $0.26 per share compared with $0.20 per share, excluding one-time items, reported in the final quarter of the previous year.
In the third quarter, the automotive giant posted a record pretax operating profit of $2.2 billion, driven by strong North American results. Ford North America achieved its highest quarterly profit and operating margin since at least 2000, which helped offset weakness in Ford's European and South American segments.
Earlier this month, Ford reported a significantly higher year-over-year percentage improvement in car segments compared with light trucks.
The company also recently filed a 30-year bond offering prospectus with the SEC. Ford intends to use the money to redeem more expensive existing debt and to "accelerate" pension plan contributions in 2013. |
发表于 2013-1-29 02:27
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