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

Market news

31 October 2018

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

General Motors (GM) reported Q3 FY 2018 earnings of $1.87 per share (versus $1.32 in Q3 FY 2017), beating analysts' consensus estimate of $1.25.

The company's quarterly revenues amounted to $35.791 bln (+6.4% y/y), beating analysts' consensus estimate of $34.848 bln.

GM rose to $36.80 (+9.72%) in pre-market trading.

Euro area annual inflation is expected to be 2.2% in October

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