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Continued: Ford raises 2013 profit forecast after strong 2Q US results, record Asia profit

  • Article by: DEE-ANN DURBIN , AP Auto Writer
  • Last update: July 24, 2013 - 3:30 PM

Ford's earnings amounted to 30 cents per share in the latest quarter, the same as a year ago. Without one-time items, including separation payments in Europe, where Ford is closing several plants, the company earned 45 cents per share. That surpassed analysts' forecast of 37 cents, according to FactSet.

Revenue was up 14 percent to $38.1 billion, beating analysts' forecasts of $34.9 billion.

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