Company News: General Motors (GM) Q4 results beat analysts’ expectations

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7 February 2017

Company News: General Motors (GM) Q4 results beat analysts’ expectations

General Motors reported Q4 FY 2016 earnings of $1.28 per share (versus $1.39 in Q4 FY 2015), beating analysts' consensus estimate of $1.17.

The company's quarterly revenues amounted to $41.231 bln (+9.2% y/y), beating analysts' consensus estimate of $40.082 bln.

The company also reaffirmed guidance for FY 2017, projecting EPS of $6.00-6.50 versus analysts' consensus estimate of $6.14.

GM rose to $37.40 (+1.55%) in pre-market trading.

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