GM stock pops after fourth quarter sales, profits top expectations [Yahoo! Finance News]
General Motors Company (GM)
Last general motors company earnings: 2/5 08:05 am
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Source: Yahoo! Finance News
General Motors (reported profit jumpedFor the full-year, the company reported profits of $15 billion, near the high end of its forecast, amid what CEO Mary Barra called "strong customer demand" in aletter to shareholdersFor the quarter, reported:Adjusted EPS: $12 vs. $69 expectedOn the profitability front, reported adjusted EBIT (earnings before interest and taxes) of $8 billion, beating estimates of $2 billion. also reported full-year adjusted EBIT of $15 billion, on the higher end of its prior guidance of $13 billion to $15 billion." led the U.S. industry in total sales and delivered the largest year-over-year increase in market share of any OEM, thanks to strong demand for our products and improved supply chain conditions," Barra said inher shareholder letter shares were up as much as 5% in pre-market trade on Tuesday.On the EV front, said the Chevrolet Bolt EV and Bolt EUV saw record sales for 2022, which demonstrated the "importance of affordable EVs in our portfolio." Cheap
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GM
Earnings
- 4/23/24 - Beat
GM
Sec Filings
- 4/25/24 - Form PX14A6G
- 4/24/24 - Form ARS
- 4/24/24 - Form DEFA14A
- GM's page on the SEC website