Ford Motor Co. F Reports Blowout Earnings 11/2/09

November 2, 2009 - Shares of Ford Motor Co. (F) are surging in pre market after the company reported a huge profit during the third quarter. Ford Motor Company ( F ) was expected to post a loss of 12 cents but came out and reported a profit of $0.26 cents. Revenue came in at 30.9 billion.

Other Ford Motor Co. ( F ) Highlights:

- Expected to be solidly profitable during 2011 excluding items

- Operating Cash Flow Positive in 2011

- First profitable quarter in North America since 2005

- 30.9 billion in Revenue vs 28.6 Billion

- First operating profit since first quarter of 2008

Ford Motor Co. (F) stock is now trading at $7.55 Up 7.14% in pre market. Resistance is located at $8. A close above $8 would be very bullish!

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