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

Market news

6 May 2020

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

General Motors (GM) reported Q1 FY 2020 earnings of $0.62 per share (versus $1.41 per share in Q1 FY 2019), beating analysts' consensus estimate of $0.34 per share.

The company's quarterly revenues amounted to $32.709 bln (-6.2% y/y), beating analysts' consensus estimate of $31.367 bln.

GM rose to $22.25 (+4.66%) in pre-market trading.

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