GM - General Motors Analysts Raise Their Forecasts After Better-Than-Expected Earnings | Benzinga
General Motors Company (NYSE:GM) reported better-than-expected earnings for its fiscal first quarter on Tuesday.
The company posted quarterly sales growth of 7.6% year-on-year to $43.01 billion, beating the analyst consensus estimate of $41.88 billion. Adjusted EPS of $2.62 beat the consensus estimate of $2.14, according to data from Benzinga Pro.
GM’s market share reached 8.1% for the quarter, compared to 8.7% a year ago. In the U.S., the share changed to 15.4%, down from 16.4%. ...