Why Is General Motors (GM) Up 3.7% Since Last Earnings Report? [Yahoo! Finance]
General Motors Company (GM)
Last general motors company earnings: 2/5 08:05 am
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Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is General Motors due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. General Motors reported third-quarter 2024 adjusted earnings of $2.96 per share, which surpassed the Zacks Consensus Estimate of $2.49. The bottom line also increased from the year-ago quarter's level of $2.28. Solid results from the GMNA segment led to the outperformance. Revenues of $48.75 billion beat the Zacks Consensus Estimate of $44.29 billion and increased from $44.13 billion recorded in the year-ago period. The U.S. auto giant recorded adjusted earnings before interest and taxes (EBIT) of $4.11 billion, higher than $3.56 billion in the prior-year quarter. The automaker's share in the GM market was 8.1% in the reported quarter compared with 9% in the year-ago quart
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GM
Earnings
- 10/22/24 - Beat
GM
Sec Filings
- 11/20/24 - Form 4
- 11/18/24 - Form 144
- 11/12/24 - Form 4
- GM's page on the SEC website