Ford's profits plummet because of weak demand in THESE countries

Ford Motor reported second quarter profit that was weaker than expected as the company said sales in the United States and China did not match company expectations.

Ford reported net income of $1.97 billion, or $0.49 per diluted share, versus $2.16 billion or $0.54 per share a year ago.

Its earnings excluding one-time items was $0.52 per share versus analyst expectations of $0.60 per share, Reuters report.

Related news

Lasă un comentariu