Ford Motor Co may report the biggest third-quarter profit in its 107-year history tomorrow as CEO Alan Mulally’s overhaul of the model lineup boosts the company’s share of the US auto market.
Net income was $1.37 billion, based on the average projection of five analysts, up from $997 million and adjusted per-share earnings of 26 cents a year earlier. Estimates for adjusted quarterly profit have risen to 38 cents a share, the average of 12 analysts, from about 34 cents a month ago.
