Ford Motor Co (NYSE: NYSE:F) shares are trading higher Tuesday in sympathy with General Motors Co (NYSE: NYSE:GM), which popped after the company reported better-than-expected financial results.
- GM Q3 Revenue: $41.89 billion beat estimate of $41.77 billion.
- GM Q3 EPS: $2.25 beat estimate of $1.89.
General Motors expects full-year adjusted earnings to be between $6.50 and $7.50 per share versus average analyst estimates of $6.79 per share. Full-year net income is expected to be between $9.6 billion and $11.2 billion.
Ford is scheduled to report its third-quarter results after the close on Wednesday. The company is expected to earn 32 cents per share on quarterly revenue of $36 billion, according to Benzinga Pro.
Related Link: General Motors Stock Is Moving Higher: What's Going On?
F Price Action: Ford has a 52-week high of $25.87 and a 52-week low of $10.61.
The stock was up 2.72% at $12.82 at time of writing, according to Benzinga Pro.
Photo: courtesy of Ford.
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