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General Motors (GM) Tops Q4 EPS by 19c

February 3, 2016 7:30 AM

(Updated - February 3, 2016 7:33 AM EST)

General Motors (NYSE: GM) reported Q4 EPS of $1.39, $0.19 better than the analyst estimate of $1.20. Revenue for the quarter came in at $39.6 billion versus the consensus estimate of $39.03 billion.

“The fourth quarter closed another very strong year of operating performance,” said Chuck Stevens, executive vice president and CFO. “We plan to improve our results in 2016, driven by a significant vehicle launch cadence, continued emphasis on growing our adjacent businesses and an unrelenting focus on driving efficiencies into our core operations.”

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