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- Company news: General Motors’ (GM) quarterly results beat analysts’ forecasts
Ekonomické zprávy
23.07.2024
Company news: General Motors’ (GM) quarterly results beat analysts’ forecasts
General Motors (GM) reported Q2 FY2024 earnings of $3.06 per share (versus $1.91 per share in Q2 FY2023), beating analysts’ consensus estimate of $2.71 per share.
The company’s quarterly revenues amounted to $47.969 bln (+7.2% y/y), beating analysts’ consensus estimate of $45.132 bln.
The company also raised EPS guidance for FY2024 to $9.50-10.50 from its previous guidance of $9.00-10.00 versus analysts’ consensus estimate of $9.45.
GM rose to $51.80 (+4.52%) in pre-market trading.
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