GM fourth-quarter profit misses Wall Street estimate

jeudi 6 février 2014

The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit General Motors Co (GM) posted a weaker-than-expected fourth-quarter profit on Thursday as results in North America, Asia and South America disappointed. The quarter included about $200 million in special items related to the exit of the Chevrolet brand from Europe, the end of manufacturing in Australia, offset by a gain on the sale of equity in Ally Financial and other items. Excluding the items, GM earned 67 cents a share. Analysts polled by Thomson Reuters I/B/E/S had expected 88 cents a share.








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