Jan. 28 (Bloomberg) — Ford Motor Co. reported quarterly profit that topped analysts’ estimates buoyed by growth in North America and Asia, as F-Series pickups extended sales leadership in the U.S. and the Focus compact drove demand in China.

The company reported net income of $3.04 billion for the fourth quarter. Excluding one-time items, the per-share profit was 31 cents, exceeding the 28-cent average estimate of 16 analysts surveyed by Bloomberg. Pretax annual earnings climbed to $8.78 billion in North America and $415 million in the Asia- Pacific region, both records, Ford said today in a statement.

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