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GM (GM) reported top and bottom line beats for the fourth quarter, and issued 2024 full-year profit guidance that matched its initial forecast for 2023, as the company looks to shake off the ...
GM (GM) investors are looking for the Big Three automaker to continue its strong run of quarterly performance last year, with fourth quarter results on deck for Tuesday morning. But challenges do ...
General Motors shares jumped after the automaker reported profit jumped in the fourth quarter, driven again by record revenue and strong demand. GM stock pops after fourth quarter sales, profits ...
GM's stock got punished amid its latest earnings report. Here's why. ... EPA/CARB ACC II; 2) Negative mix in the fourth quarter and concerns this will hit hard with more EVs in 2025, 3) Concern of ...
GM's fourth-quarter revenue of $47.7 billion surpassed analyst expectations of $43.9 billion. The automaker's adjusted earnings per share of $1.92 in the quarter also exceeded analyst forecasts of ...
GM posted sales of 42,000 electric vehicles during the fourth quarter. That result was up 10,000 vehicles from the third quarter, and almost twice that of the second quarter.
Overall, GM said sales jumped 14.1% to 2.6 million vehicles for 2023, making it the company's best year since 2019. The automaker also grew its market share by 0.3% to 16.3% overall in the US.
For the quarter, GM reported top-line revenue of $43.0 billion, more than the $42.09 billion analysts were expecting, according to Bloomberg data. That was a jump of 7% on the same period a year ...