Ford Motor Co Q3 adjusted earnings Beat Estimates

Ford Motor Co (F) announced earnings for third quarter that declined from last year.

The company's bottom line totaled $1.83 billion, or $0.45 per share. This compares with $2.39 billion, or $0.60 per share, in last year's third quarter.

Excluding items, Ford Motor Co reported adjusted earnings of $2.04 billion or $0.51 per share for the period.

Analysts had expected the company to earn $0.27 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.9% to $35.68 billion from $37.50 billion last year.

Ford Motor Co earnings at a glance:

-Earnings (Q3): $2.04 Bln. vs. $2.62 Bln. last year.
-EPS (Q3): $0.51 vs. $0.65 last year.
-Analysts Estimate: $0.27
-Revenue (Q3): $35.68 Bln vs. $37.50 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT