Company News: General Motors (GM) Q3 results beat analysts’ expectations

Market news

25 October 2016

Company News: General Motors (GM) Q3 results beat analysts’ expectations

General Motors reported Q3 FY 2016 earnings of $1.72 per share (versus $1.50 in Q3 FY 2015), beating analysts' consensus estimate of $1.45.

The company's quarterly revenues amounted to $42.825 bln (+10.3% y/y), beating analysts' consensus estimate of $37.479 bln.

GM rose to $33.14 (+0.49%) in pre-market trading.

U.S.: S&P/Case-Shiller Home Price Indices, y/y, August 5.1% (forecast 5%)

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