<p><div class="KonaFilter image-container float_right"><div class="image"><img src="http://static2.businessinsider.com/image/52f3823b6bb3f7ea076ea825-1200-924/daniel-akerson-general-motors-gm-1.jpg?maxX=480" border="0" alt="Daniel Akerson General Motors GM" width="480" /><p class="source"><span>Richard Carson/Reuters</span></p></div><p></p></div>Shares of General Motors are sinking in pre-market trading following the release of quarterly earnings results that missed consensus Wall Street estimates on both the top and bottom lines.</p>
<p>Right now, shares are down more than 5%.</p>
<p>The company reported earnings per share of $0.67 in the quarter ended December 31, below consensus expectations of $0.87.</p>
<p>Revenues totaled $40.5 billion, below the $40.9 billion estimate.</p>
<p><em>More to come...</em></p>

stock market

BusinessInsider

GM Shares Are Taking A Hit After An Ugly Earnings Release

Richard Carson/ReutersShares of General Motors are sinking in pre-market trading following the release of quarterly earnings results that missed consensus Wall Street estimates on both the top and bottom lines. Right now, shares are down more than 5%. The company reported earnings per share of $0.67 in the quarter ended December 31, below consensus expectations of $0.87. Revenues totaled $40.5 billion, below the $40.9 billion estimate. More to come...

Richard Carson/ReutersShares of General Motors are sinking in pre-market trading following the release of quarterly earnings results that missed consensus Wall Street estimates on both the top and bottom lines. Right now, shares are down more than 5%.

GM Shares Are Taking A Hit After An Ugly Earnings Release

Matthew Boesler

READ MORE ARTICLES ON

Popular Right Now