The Ratings Game: Ford stock gains the most in nine years on earnings beat

Ford Motor Co. stock on Thursday rose the most in nine years after the storied car maker reported third-quarter earnings that blew past Wall Street expectations.

Ford F, +9.90% shares gained 9.9%, their best one-day percentage increase since late April 2009, to end at $8.99, their highest close since Oct. 8.

Ford late Wednesday said it earned $991 million, or 25 cents a share, in the quarter, compared with $1.57 billion, or 39 cents a share, in the year-ago period. Adjusted for one-time items, Ford earned $1.17 billion, or 29 cents a share, compared with 44 cents a share a year ago.

>>> Original Source <<<