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Revenue of $11.7 billion, up 10.4% from year-ago quarterOperating earnings of $1.2 billion, up 11.7% from year-ago quarterDiluted EPS of $3.35, up 10.2% from year-ago quarterOperating margin of 10.1%, a 10-basis-point expansion from year-ago quarterRESTON, Va., Oct. 23, 2024 /PRNewswire/ -- General Dynamics (NYSE: GD) today reported third-quarter 2024 revenue of $11.7 billion, up 10.4% from the third quarter of 2023. Operating earnings of $1.2 billion were up 11.7% from the year-ago quarter. Diluted earning ...

General Motors (GM)  delivered strong Q3 results this morning posting stellar growth and raising its full-year profit guidance. Seeing a sharp post-earnings rally, GM shares spiked +9% in today’s trading session with Tesla’s (TSLA)  stock down -0.3% ahead of its Q3 report after-market hours on Wednesday, October 23. General Motors Q3 Results Fueled by its North American operations, General Motors' Q3 sales increased 10% year over year to $48.75 billion compared to $44.13 billion in the comparative quarter. ...

Key TakeawaysThe S&P 500 slipped by less than 0.1% on Tuesday, Oct. 22, as the markets digested a mixed bag of corporate earnings reports.Weakness in international markets weighed on the results of auto parts distributor Genuine Parts, and its shares plummeted.Philip Morris shares surged after the tobacco giant beat quarterly estimates, boosted by demand for its smoke-free products. Major U.S. equities were mixed and little changed on Tuesday as investors reacted to an array of earnings reports and increasi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34960 | --- | --- | |--------------------------------------------------------------------------------------------------------|--------- ...

General Motors just boosted earnings guidance for the third straight time.General Motors (GM 10.43%) gave shareholders something to cheer about today. Better-than-expected third-quarter results pushed the company to continue a trend that has marked its earnings reports this year.GM boosted its guidance for 2024 cash flow as well as net income for the third consecutive quarter. That's helped drive GM shares higher by more than 50% this year. That includes today's move, which saw the stock jump by 10.4% as of ...

The Street loves General Motors Company’s GM earnings. The stock is rallying and appears to be breaking out.This is why Benzinga has made it the “Stock of the Day.”When a stock is heading higher, the market is out of equilibrium. There isn't enough supply to fill all the demand. In other words, there are more buy orders than there are sell orders.As a result, investors and traders who wish to acquire shares are forced to bid premiums to draw sellers into the market. They need to be willing to pay a higher p ...

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%.The company’s adjusted EBIT rose 15.5% to $4.115 billion, with a cash balance of $23.7 billion at quarter-end.Analysts covering the auto behemoth provided their takes:Wedbush analyst Daniel Ives reiterated the Outperform rating on the stock, with a price forecast of $55.Goldman Sachs analyst Mark Delaney maintained the Buy rating on the stock, with ...

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.GM's EVs hold a 9.8% share of the US EV market, behind only Tesla. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on the ...

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. Emma ...