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GM Q3 EPS of $3.70 Beats Estimates

Barrons.com +6 ·

GM General Motors Company
$77.21 +1.45%
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  1. 1General Motors (GM) announced a Q3 net income of $3.34 billion.
  2. 2Adjusted EPS of $3.70 and revenue of $50.02 billion exceeded analyst expectations of $3.55 and $48.21 billion.
  3. 3The company provided an annual EPS guidance of $12.75 to $13.75.

So what's the key point?

GM earned more money over the last three months than experts expected. Revenue was also higher than anticipated, and the company stated it expects to earn between $12.75 and $13.75 per share this year.

Source Barrons.com +6 · View original ↗

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