Ford Motor earnings beat forecast, stock off after margin warning

By Bernie Woodall and Joseph White DEARBORN, Mich. (Reuters) - Ford Motor Co's fourth-quarter earnings beat Wall Street expectations and the company reiterated a forecast that 2016 pre-tax profit would be equal to or higher than last year. Excluding one-time items, Ford earned 58 cents a share in the fourth quarter, versus Wall Street expectations of 51 cents, according to Thomson Reuters I/B/E/S. The automaker earned most of its money in the quarter and for the full year in North America, where