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Benzinga
Benzinga
Business
Henry Khederian

Why GM Shares Are Falling After Ford's Earnings Report

GM Ford NYSE Ford Motor Company General Motors Company

Shares of automotive companies, including General Motors Company (NYSE:GM), are trading lower in sympathy with Ford Motor Company (NYSE:F) after the company reported worse-than-expected fourth-quarter EPS and automotive revenue results.

Ford reported an automotive revenue of $35.26 billion, which slightly fell short of the analyst consensus of $35.52 billion. The company reported adjusted earnings of 26 cents per share, which came in below the estimate of 45 cents per share... Read More

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