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- Company news: General Motors (GM) quarterly results solidly beat analysts’ estimates
Tin tức thị trường
22.10.2024
Company news: General Motors (GM) quarterly results solidly beat analysts’ estimates
General Motors (GM) reported Q3 FY2024 earnings of $2.96 per share (versus $2.28 per share in Q3 FY2023), strongly beating analysts’ consensus estimate of $2.38 per share.
The company’s quarterly revenues amounted to $48.757 bln (+10.5% y/y), strongly beating analysts’ consensus estimate of $44.671 bln.
The company also raised FY2024 EPS guidance to $10.00-10.50 from its prior guidance of $9.50-10.50 versus analysts’ consensus estimate of $9.97.
GM rose to $49.90 (+1.98%) in pre-market trading.
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