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GM beats on Q3 earnings, raises profit forecast for third time this year. Pras Subramanian. ... despite the fact that it revised its EV production volume forecast to 200,000 units, at the low end ...
GM's strong performance also resulted in the company lifting its 2024 guidance. The company now sees full-year adjusted EBIT of $12.5 billion-$14.5 billion, up from an outlook of $12 billion-$14 ...
GM reported adjusted earnings per share (EPS) of $1.92 on Tuesday, versus the $1.83 expected. Adjusted earnings before interest and taxes (EBIT) was $2.50 billion, up 42.8% compared to a year ago.
GM (GM) reported top and bottom line beats for the fourth quarter, and issued 2024 full-year profit guidance that matched its initial forecast for 2023, as the company looks to shake off the ...
GM reported adjusted EPS of $3.06, compared to estimates of $2.70, with GM also reporting adjusted EBIT (earnings before interest and taxes) of $4.438 billion, easily topping estimates of $3.88 ...
General Motors' (GM) hot stock has sprung a leak after its latest earnings report on Tuesday. Shares of the auto giant fell as much as 11% on Tuesday and closed down 9%. It marked the worst day ...
Image source: The Motley Fool. General Motors (NYSE: GM) Q4 2024 Earnings Call Jan 28, 2025, 8:30 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
For the quarter, GM reported top-line revenue of $44.7 billion, beating street estimates of $42.82 billion. GM's Q2 revenue rose 25% from a year ago and 11.8% sequentially.