AOL.com Video - Ford Reports Lower-Than-Expected Fourth Quarter on Higher Commodity Costs

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Ford Reports Lower-Than-Expected Fourth Quarter on Higher Commodity Costs

Description:Ford Motor Co reported a lower-than-expected fourth-quarter profit today due to higher commodity costs and losses in its automotive operations in Europe and Asia. Excluding one-time items, the No. 2 U.S. automaker's operating profit fell to $1.1 billion from nearly $1.3 billion a year earlier. Analysts, on average, expected an adjusted profit of 25 cents per share. (1:13)

Source: IBTimesTV

Tags: ibtimestv , ford fourth quarter , ford fourth quarter earnings , ford fourth quarter results