General Motors (GM) reported Q2 FY 2020 loss of $0.50 per share (versus earnings of $1.64 per share in Q2 FY 2019), better than analysts’ consensus estimate of -$1.76 per share.
The company’s quarterly revenues amounted to $16.800 bln (-53.4% y/y), generally in line with analysts’ consensus estimate of $16.927 bln.
GM rose to $27.35 (+3.87%) in pre-market trading.