Company News: General Motors (GM) Q2 results beat analysts’ expectations

Market news

21 July 2016

Company News: General Motors (GM) Q2 results beat analysts’ expectations

General Motors reported Q2 FY 2016 earnings of $1.86 per share (versus $1.29 in Q2 FY 2015), beating analysts' consensus estimate of $1.51.

The company's quarterly revenues amounted to $42.400 bln (+11% y/y), missing analysts' consensus estimate of $37.319 bln.

GM rose to $33.25 (+5.59%) in pre-market trading.

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