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  • FORD EARNS SECOND QUARTER 2012 PRE-TAX OPERATING PROFIT OF $1.8 BILLION, NET INCOME OF $1 BILLION

    07/25/2012 6:33:58 AM PDT · by CSM · 37 replies
    Ford Motor Media ^ | July 25, 2012 | Ford Media/Presser
    DEARBORN, Mich., July 25, 2012 – Near-record profits in North America and continued strong performance from Ford Credit helped the Ford Motor Company [NYSE: F] deliver its 12th consecutive quarterly pre-tax operating profit as it reports second quarter 2012 results today. The company reported a pre-tax operating profit of $1.8 billion, or 30 cents per share, and net income of $1 billion, or 26 cents per share. The company also continued to generate positive Automotive operating-related cash flow, and ended the period with a strong liquidity position of $33.9 billion, an increase of $1 billion during the quarter. “The Ford...