January 16, 2019 / 11:17 AM / 3 months ago

Ford forecasts higher 2019 profit

DETROIT, Jan 16 (Reuters) - Ford Motor Co on Wednesday forecast higher profit and revenue in 2019 as global industry sales remain flat.

For 2018, the No. 2 U.S. automaker said it expected to earn $1.30 a share, in line with the range of $1.30 to $1.50 a share it forecast last October. Analysts were expecting $1.33 per share, Refinitiv IBES data showed. (Reporting by Ben Klayman in Detroit; editing by Jason Neely)

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