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Ford Smashes Earnings Expectations, But...

|Includes: Ford Motor Company (F)
Ford has just reported a strong income number, handily beating expectations.

But... Revenue of $29 billion was just a shade behind what analysts were looking for.

And frankly, given the accounting complexities with a company like Ford, and the natural difficulty of figuring out their earnings we're more interested in the revenue number. And that number isn't the blistering beat.

A notable bit of news: after taking some debt restructuring moves the company is a hair away from no longer having net debt.

Click here for the full announcement.



Read more: http://www.businessinsider.com/ford-3q-earnings-2010-10#ixzz13TF0V6lg


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