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General Motors (GM) Tops Q2 EPS by 20c; Issues Solid Outlook

July 25, 2017 7:35 AM

General Motors (NYSE: GM) reported Q2 EPS of $1.89, $0.20 better than the analyst estimate of $1.69.

"Disciplined and relentless focus on improving our business performance led to a strong quarter and very solid frst half of the year. We will continue transforming GM to capitalize on growth opportunities and deliver even more value for our shareholders," Mary Barra, Chairman & CEO, said.

GUIDANCE:

General Motors sees FY2017 EPS of $6.00-$6.50, versus the consensus of $6.07.

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