General Motors (GM) delivered a beat and a raise sending the automaker's stock higher. Following the earnings report, Yahoo Finance's Executive Editor, Brian Sozzi, sat down with General Motors' CFO, Paul Jacobson, to discuss the results.
General Motors just boosted earnings guidance for the third straight time.
Chad Morganlander, Washington Crossing Advisors, joins 'Power Lunch' to discuss stock plays for three stocks.
The Street loves General Motors Company's GM earnings. The stock is rallying and appears to be breaking out.
General Motors (GM) released its second quarter results, which saw rising domestic EV sales, signaling that EV sales may be on the rebound in the US. GM posted adjusted earnings per share of $3.06 (beating expected $2.70 per share) and revenue of $47.97 billion ($45.51 billion expected), a 7.2% jump from last year's revenue.
General Motors Company GM reported third-quarter adjusted earnings per share of $2.96, surpassing expectations, and sales of $48.757 billion, which was up 10.5%.
General Motors reported third-quarter earnings that topped estimates. GM's profits were driven by strong SUV sales, EV growth, cost reductions, and improved China sales.
General Motors Company (NYSE:GM ) Q3 2024 Earnings Conference Call October 22, 2024 8:30 AM ET Company Participants Ashish Kohli - Vice President of Investor Relations Mary Barra - Chairman and Chief Executive Officer Paul Jacobson - Executive Vice President and Chief Financial Officer Daniel Berce - President and Chief Executive Officer of GM Financial Conference Call Participants Joseph Spak - UBS John Murphy - Bank of America Merrill Lynch Dan Levy - Barclays Bank Ryan Brinkman - JPMorgan Chase & Co. Emmanuel Rosner - Wolfe Research Adam Jonas - Morgan Stanley Tom Narayan - RBC Capital Markets Edison Yu - Deutsche Bank James Picariello - BNP Paribas Exane Daniel Roeska - Sanford C. Bernstein & Co. Chris McNally - Evercore ISI Mark Delaney - Goldman Sachs Group, Inc. Operator Good morning, and welcome to the General Motors Third Quarter 2024 Earnings Conference Call.
General Motors posts better-than-expected results and also lifts its full-year forecast for adjusted EBIT, EPS and FCF.
GM topped third quarter earnings estimates as demand continues to stay strong. Transcript: CONWAY GITTENS: Investors have turned cautious as lending rates remain elevated and Wall Street moves into the thick of earnings season.
General Motors CFO Paul Jacobson on Tuesday discussed weakness in the Chinese market and the state of EV production.
General Motors (GM) shares surged Tuesday after the biggest U.S. carmaker posted better-than-expected results and raised its profit guidance on steady pricing and cost controls.