Ford Motor Co Q1 Profit Beats Estimates

(RTTNews) - Ford Motor Co (F) revealed a profit for first quarter that beat the Street estimates.

The company's bottom line came in at $1.33 billion, or $0.12 per share. This compares with $0.47 billion, or $0.33 per share, last year.

Excluding items, Ford Motor Co reported adjusted earnings of $0.55 billion or $0.14 per share for the period.

Analysts on average had expected the company to earn $0.02 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 5.0% to $40.659 billion from $42.777 billion last year.

Ford Motor Co earnings at a glance (GAAP) :

-Earnings: $1.33 Bln. vs. $0.47 Bln. last year. -EPS: $0.12 vs. $0.33 last year. -Revenue: $40.659 Bln vs. $42.777 Bln last year.