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<US Co. Results>Ford 4Q Profit Falls Short of Guidance, CEO Cites Execution Issues
Ford Motor Company (F.US) reported poor fourth-quarter results, missing Wall Street's earnings expectations and falling short of the company's full-year guidance by US$1.1 billion.
Ford's adjusted EPS in last quarter were US$0.51, below the US$0.62 expected, while auto revenue stood at US$41.8 billion, beating the US$40.37 billion expected.
Ford CEO Jim Farley said the company should have done much better on earnings but only that production was impaired by executive issues.
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