DEARBORN, Mich (Reuters) - Ford Motor Co on Tuesday posted a stronger-than-expected quarterly profit as higher earnings in the No. 2 U.S. automaker's core North American market offset losses in Europe and South America.
Net income in the fourth quarter rose to $3 billion, or 74 cents a share, compared with almost $1.6 billion, or 40 cents a share, a year earlier.
The results included a $2.1 billion gain from the addition of deferred tax assets to the balance sheet, as well as charges of $311 million for last year's pension buyouts and layoffs in Europe.
Excluding one-time items, Ford earned 31 cents a share, 3 cents more than analysts polled by Thomson Reuters I/B/E/S had expected.
(Reporting by Ben Klayman and Bernie Woodall)
Relacionados
- Argentina y Venezuela, una degradación económica y social en cámara lenta
- Revista de prensa de Argentina: Sólo se compraron 114.000 dólares en el primer día de la flexibilización del cepo cambiario
- Vídeo l El ahorro en dólares regresa a Argentina, pero para pocos y con muchas dudas
- Argentina/Cuba.- Timerman: "Cuba es uno de los países que más ha hecho por unir América latina con el Caribe"
- Argentina.- Macri se reúne con los sindicalistas argentinos Moyano y Barrionuevo
