DETROIT — Ford earned $1.9 billion in the second quarter, up 44 percent from a year earlier, largely on the strength of sales of larger, higher priced, more profitable vehicles in the U.S.
On an earnings-per-share basis, Ford made 47 cents, exceeding the 37 cents per share consensus among analysts.
Before taxes, Ford made $2.6 billion in North America, more than doubling what it made in the region in the first quarter of 2015, and a 6.4 percent improvement from a year earlier.
This is Ford’s last financial report before the deadline expires on its four-year labor agreement with the United Automobile Workers on midnight Sept. 14. While larger corporate profits also benefit UAW workers through annual profit-sharing checks, UAW President Dennis Williams has said he expects a base wage increase for members hired before 2007 who have not had a raise in at least eight years.