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Benzinga
Benzinga
Business
Craig Jones

Looking Beyond GM's Recent Sales Miss: Analysts Sees 'Nothing Negative'

General Motors Company (NYSE:GM) reported better-than-expected earnings for its fourth quarter, despite a sales miss due to the persistent chip shortage. The company said it sees FY22 net income of $9.4 billion to $10.8 billion.

On CNBC’s "Closing Bell," Michael Ward, Benchmark senior equity analyst, said there was "nothing negative" about the latest quarter from GM.

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