Ford posts better-than-expected Q3 profit

Newswire

DETROIT, Oct 30 (Reuters) - Ford Motor Co on Tuesday reported a better-than-expected profit for the third quarter on the strength of higher vehicle prices and lower costs in North America. The second-largest U.S. automaker reported an operating profit of $2.2 billion, or 40 cents per share, up from $1.9 billion or 34 cents per share a year earlier. The average Wall Street estimate called for Ford to make 30 cents per share, according to Thomson Reuters I/B/E/S. ...

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