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home / news releases / GM - Ford Motor Needs More Than A Good Earnings Report

GM - Ford Motor Needs More Than A Good Earnings Report

General Motors Company

2024-04-23 10:38:03 ET

Summary

  • Ford Motor is expected to report 1Q24 earnings with muted expectations due to weaker-than-anticipated electric vehicle demand and inflation challenges.
  • Ford Motor's stock price is dangerously close to the 200-day moving average line, indicating a vulnerable setup.
  • Despite solid momentum in 1Q24, Ford Motor's sales growth prospects are poor, leading to a low valuation and concerns about future growth.

Ford Motor ( F ) is poised to report 1Q24 earnings on April 24, 2024, for which the market has relatively muted expectations.

Ford Motor, in January, announced that it would slash shifts for F-150 Lightning production amid weaker-than-anticipated electric-vehicle demand, a view that was shared by General Motors ( GM ) ....

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Ford Motor Needs More Than A Good Earnings Report
Stock Information
Company Name: General Motors Company
Stock Symbol: GM
Market: NYSE
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