Ford Motor Co Q1 adjusted earnings Beat Estimates

(RTTNews) - Ford Motor Co (F) reported a profit for its first quarter that increased from last year.

The company's profit totaled $1.74 billion, or $0.43 per share. This compares with $1.59 billion, or $0.40 per share, in last year's first quarter.

Excluding items, Ford Motor Co reported adjusted earnings of $1.72 billion or $0.43 per share for the period.

Analysts had expected the company to earn $0.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.4% to $42.0 billion from $39.1 billion last year.

Ford Motor Co earnings at a glance:

-Earnings (Q1): $1.72 Bln. vs. $1.58 Bln. last year. -EPS (Q1): $0.43 vs. $0.40 last year. -Analysts Estimate: $0.41 -Revenue (Q1): $42.0 Bln vs. $39.1 Bln last year.