Ford Motor Co. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Reaffirms Earnings Guidance for 2015
For the year, pretax results were $4,342 million against $7,040 million for the same period a year ago. Net income attributable to ford was $3,187 million or $0.80 per share against $7,182 million or $1.77 per share a year ago. Net cash provided by operating activities (GAAP) was $8.8 million against $7.7 million a year ago. Revenue was $144.1 billion, compared to $146.9 billion for the year ended December 31, 2013. After-tax results were $4,633 million compared to $6,593 million a year ago. Pre-tax results were $6,282 million compared to $8,608 million a year ago. Diluted earnings per share were $1.16 compared to $1.63 a year ago.
The company reaffirmed its 2015 outlook for pre-tax profit in a range of $8.5 billion to $9.5 billion and said it expects full-year revenues to come in higher than the $135.8 billion reported for full year 2014.