Ford (F) earned $0.26 per share in the fourth quarter, beating analysts' estimate of $0.23. Revenue in the fourth quarter decreased 5.1% year-over-year to $33.80 billion, missing analysts' estimate of $34.43 billion.

The company released its forecasts for fiscal year 2015. Revenue is expected to be higher than $135.8 billion in fiscal year 2015 (analysts' estimate: $144.88 billion).

According to Ford (F), the company expects to sell 17.0-17.5 million cars in the U.S., 14.8-15.3 million cars in Europe and 24.5-26.5 in China in 2015.

Ford (F) shares increased to $14.67 (+1.45%) prior to the opening bell.