--- description: Revenue was slightly higher than analysts expected title: Ford Motor Company Quarter 1 Earnings Drop image: https://static.time.com/v3/assets/bltea6093859af6183b/bltde093bcdab65f2d0/6988d9b9bc6cfc69913e2a3c/time-logo.jpg?branch=production --- * [World](/section/world/) ## World Update your preferences in [Account Settings](/account/preferences/) Close * [Companies](/tag/companies/) ## Companies Update your preferences in [Account Settings](/account/preferences/) Close # Ford Profits Fall But Revenue Beats Expectations by [Maya Rhodan](/author/maya-rhodan/) ## Maya Rhodan Update your preferences in [Account Settings](/account/preferences/) Close Apr 25, 2014 12:00 PM CUT by [Maya Rhodan](/author/maya-rhodan/) ## Maya Rhodan Update your preferences in [Account Settings](/account/preferences/) Close Apr 25, 2014 12:00 PM CUT Ford Motor Company reported $989 million in profit during the first quarter of 2014, a significant drop from the $1.61 billion the Detroit-based automaker saw during the same period last year. Revenue, however, was up in Q1. [MarketWatch](http://www.marketwatch.com/story/ford-shares-fall-after-profit-misses-estimates-2014-04-25 "undefined") reports the company raked in about $35.9 billion overall in the first quarter, slightly surpassing the $34.54 billion in revenue analysts expected. The [Detroit _Free Press_](http://www.freep.com/article/20140425/BUSINESS0102/304250047/Ford-Q1-earnings "undefined") reports Ford has 23 global launches planned in 2014, one of the company’s most aggressive years in the past half-decade. The costs associated with those launches, as well as service costs related to older models, are likely related to Ford’s profit drop. \[[MarketWatch](http://www.marketwatch.com/story/ford-shares-fall-after-profit-misses-estimates-2014-04-25 "undefined")\] ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/77061/ford-earnings/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/77061/ford-earnings/"},"headline":"Ford Profits Fall But Revenue Beats Expectations","datePublished":"2014-04-25T12:00:48.000Z","dateModified":"2026-02-21T07:30:05.604Z","description":"Revenue was slightly higher than analysts expected","url":"https://time.com/77061/ford-earnings/","keywords":["Companies","Ford","Earnings"],"thumbnailUrl":"","author":[{"@type":"Person","name":"Maya Rhodan","jobTitle":null,"url":"https://time.com/author/maya-rhodan/"}],"articleSection":"World","image":[],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/world/","name":"World"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/companies/","name":"Companies"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/77061/ford-earnings/","name":"Ford Profits Fall But Revenue Beats Expectations"}}]}] ```