Market Overview

UPDATE: General Motors Posts Upbeat Q1 Earnings

Related GM
Deutsche Bank Comments On November U.S. Auto Sales, GM Still Market Share Leader
Edmunds.com: Black Friday Will Boost November Car Sales
Making Money With Charles Payne: 11/25/14 (Fox Business)

General Motors Co (NYSE: GM) reported better-than-expected first-quarter earnings.

GM's quarterly profit slipped to $100 million, or $0.06 per share, versus a year-ago profit of $900 million, or $0.58 per share.

Its revenue climbed to $37.4 billion versus $36.9 billion. However, analysts were estimating earnings of $0.03 per share on revenue of $37.44 billion.

GM shares gained 1.77% to $35.00 in pre-market trading.

Posted-In: profitEarnings News

 

Related Articles (GM)

Around the Web, We're Loving...

Get Benzinga's Newsletters