GM - What's Going On With Ford Stock? | Benzinga
Ford Motor Co (NYSE:F) shares are trading higher Tuesday. The stock appears to be moving in sympathy with shares of General Motors Co (NYSE:GM), which surged following strong quarterly results from the automaker.
What Happened: GM beat analyst estimates on both the top and bottom line when it reported fourth-quarter financial results Tuesday morning. The company reported fourth-quarter revenue of $43 billion, which beat estimates of $38.97 billion. GM also reported adjusted earnings of $1.24 per share, which beat estimates of $1.16 per share.
GM also guided for 2024 adjusted earnings of $8.50 to $9.50 per share versus estimates of ...