General Motors (GM) Tops Q1 Earnings Estimates, Lifts '24 View

General Motors (GM) reported first-quarter 2024 adjusted earnings of $2.62 per share, which surpassed the Zacks Consensus Estimate of $2.08. The bottom line also increased from the year-ago quarter’s level of $2.21. Solid results from the GMNA segment led to the outperformance. Revenues of $43.01 billion beat the Zacks Consensus Estimate of $41.28 billion and increased from $39.9 billion recorded in the year-ago period.The U.S. auto giant recorded adjusted earnings before interest and taxes (EBIT) of $3.87 ...