Ford earnings beats Wall Street estimates

DETROIT (Reuters) - Ford Motor Co reported a higher-than-expected quarterly profit on Friday as strong results in North America helped offset weak international results and higher taxes. Ford shares rose 2.4 percent to $12.16 in premarket trading after its profit from continuing operations beat expectations. Excluding one-time items, the company reported a profit of 39 cents per share compared to analyst expectations of 35 cents, according to Thomson Reuters I/B/E/S. The No. 2 U.S. automaker reported first-quarter net income of $1.40 billion, or 35 cents per share, down from the $2. ...