Investing.com - The largest U.S. automaker Ford Motor Company (NYSE:F) reported better-than-expected fourth quarter earnings and revenue figures, it announced ahead of Thursday’s opening bell.
Ford said adjusted earnings per share came in at 26 cents, above expectations for earnings of 23 cents per share.
The company’s fourth quarter revenue totaled $35.9 billion, beating forecasts for sales of $34.55 billion.
Following the release of the report, shares in Ford rose 2.7% in pre-market trade to $14.85 from a closing price of $14.46 on Wednesday.
Meanwhile, the outlook for U.S. equity markets was upbeat. The Dow futures indicated a gain of 0.45% at the open, the S&P 500 futures pointed to a rise of 0.4%, while Nasdaq 100 futures tacked on 0.2%.