Ford says 2015 pre-tax profit in upper half of guidance


Save Story
Leer en Español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

DEARBORN, Mich. (AP) — Ford is expecting a 2015 pre-tax profit that falls in the upper half of company guidance between $10 billion and $11 billion.

It expects that measure for 2016 to equal or beat last year's level, with a strong performance in North American and profitability elsewhere.

The Dearborn, Michigan-based automaker also on Tuesday declared an extra 25-cent dividend on top of its first-quarter dividend of 15 cents.

Shares of Ford Motor Co. fell 3.1 percent to $12.45 in after-hours trading.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast