General Motors' 2013 4th Quarter Disappoints Wall Street

General Motors' 2013 4th Quarter Disappoints Wall Street

Disappointing Wall Street, General Motors’ earnings from the fourth quarter of 2013 fell short of expectations.

GM made $913 million in the fourth quarter, which was more than the $892 million from the fourth quarter of 2012, but the company’s revenue of $40.5 billion made 67 cents per share when excluding one-time items. Some experts had projected revenue to be $40.8 billion, yielding 88 cents per share.

In 2013, GM’s earnings fell 18%.

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