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

Market news

1 August 2019

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

General Motors (GM) reported Q2 FY 2019 earnings of $1.64 per share (versus $1.81 in Q2 FY 2018), beating analysts’ consensus estimate of $1.45.

The company’s quarterly revenues amounted to $36.060 bln (-1.9% y/y), generally in line with analysts’ consensus estimate of $36.025 bln.

GM rose to $41.41 (+2.65%) in pre-market trading.

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