General Motors (GM) 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.Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar.The U.S. auto g ...

GMC Sierra Denali EV Edition 1 Enhanced Product Portfolio Driving Strong Performance Q3 2024 Earnings October 22, 2024 Table of Contents 2 Page 4 Business Update ICE Business Electric Vehicles Software Cruise AV 2024 Guidance Financial Information Supplemental Financial Information Chevrolet Corvette ZR1 Page 14 Page 15 Page 29 Information Relevant To This Presentation Cautionary Note on Forward-Looking Statements This communication and related comments by management, may include "forward-looking statements ...

Key TakeawaysGeneral Motors posted better-than-expected profit and sales as it kept prices steady and controlled costs. The biggest U.S. carmaker raised the low end of its profit guidance.General Motors shares traded at their highest level since January 2022. 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. The company reported third-quarter adjusted earnings per share (EPS) of $2 ...

For the quarter ended September 2024, General Motors (GM) reported revenue of $48.76 billion, up 10.5% over the same period last year. EPS came in at $2.96, compared to $2.28 in the year-ago quarter.The reported revenue represents a surprise of +10.85% over the Zacks Consensus Estimate of $43.99 billion. With the consensus EPS estimate being $2.49, the EPS surprise was +18.88%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...

General Motors (GM) came out with quarterly earnings of $2.96 per share, beating the Zacks Consensus Estimate of $2.49 per share. This compares to earnings of $2.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.88%. A quarter ago, it was expected that this an automotive manufacturer would post earnings of $2.67 per share when it actually produced earnings of $3.06, delivering a surprise of 14.61%.Over the last four quarte ...

News Exhibit 99.1 For Release: Tuesday, October 22, 2024, at 6:30 a.m. ET GM releases 2024 third-quarter results and updates full-year guidance DETROIT – General Motors (NYSE: GM) today reported third-quarter 2024 revenue of $48.8 billion, net income attributable to stockholders of $3.1 billion, and EBIT-adjusted of $4.1 billion. GM is also updating its 2024 full-year earnings guidance for the third consecutive quarter: | --- | --- | --- | |-----------------------------------------|------------------------- ...

DETROIT, Oct. 22, 2024 /PRNewswire/ -- General Motors (NYSE: GM) today reported third-quarter 2024 revenue of $48.8 billion, net income attributable to stockholders of $3.1 billion, and EBIT-adjusted of $4.1 billion.GM is also updating its 2024 full-year earnings guidance for the third consecutive quarter:Updated 2024 Guidance Previous 2024 Guidance Net income attributable to stockholders $10.4 billion - $11.1 billion $10.0 billion - $11.4 billion EBIT-adjusted $14.0 billion - $15.0 billion $13.0 billion - ...

General Motors (GM) is slated to release third-quarter 2024 results tomorrow, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at $2.50 per share and $44.7 billion, respectively.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The EPS estimate for the to-be-reported quarter has been revised down by 2 cents over the past seven days. The bottom-line projection indicates year-over-year growth of 9.6%. The Zacks Consensu ...

The Cadillac City Center store is pictured in Shanghai, China, on November 23, 2023. (Photo by ... [+] Costfoto/NurPhoto via Getty Images)NurPhoto via Getty ImagesGeneral Motors is poised to report its Q3 2024 results shortly. We expect earnings for the quarter to come in at $2.45 per share, slightly ahead of consensus and up by almost 8% compared to last year, while revenues are likely to grow by about 1% year-over-year to $44.7 billion. GM stock has gained 34% this year, driven by expectations of improvin ...

The most recent trading session ended with AMC Entertainment (AMC) standing at $4.22, reflecting a -0.24% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.02%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, added 0.04%.Heading into today, shares of the movie theater operator had lost 11.51% over the past month, lagging the Consumer Discretionary sector's gain of 7.27% and the S&P 500's gain of 3.77% in that time.The upcoming earnings rele ...