UPDATE: General Motors (GM) Tops Q1 EPS by 23c

(Updated - April 24, 2014 7:42 AM EDT)

General Motors (NYSE: GM) reported Q1 EPS of $0.29, $0.23 better than the analyst estimate of $0.06. Revenue for the quarter came in at $37.4 million versus the consensus estimate of $38.43 million.

GM Results Overview (in billions except for per share amounts)

Segment Results

• GM North America reported EBIT-adjusted of $0.6 billion which included the impact of a $1.3 billion pre-tax charge for recall costs in the quarter. This compared with EBIT-adjusted of $1.4 billion in the first quarter of 2013.
• GM Europe reported EBIT-adjusted of $(0.3) billion, which includes
  $0.2 billion for restructuring costs. This compares with EBIT-adjusted of $(0.2) billion in the first quarter of 2013.
• GM International Operations reported EBIT-adjusted of $0.3 billion, compared with EBIT-adjusted of $0.5 billion in the first quarter of 2013.
• GM South America reported EBIT-adjusted of $(0.2) billion, compared with EBIT-adjusted of $0.0 billion in the first quarter of 2013.
• GM Financial earnings before tax was $0.2 billion for the quarter, compared with $0.2 billion in the first quarter of 2013.

For earnings history and earnings-related data on General Motors (GM) click here.

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