General Motors (GM) Tops Q3 EPS by 62c
(Updated - October 31, 2018 7:43 AM EDT)
General Motors (NYSE: GM) reported Q3 EPS of $1.87, $0.62 better than the analyst estimate of $1.25. Revenue for the quarter came in at $35.8 billion versus the consensus estimate of $34.85 billion.
Guidance:
GM sees FY EPS hitting high end of $5.80-$6.20 vs consensus of $5.89.
- EPS diluted adj. expected to be at top of previous range due to favorable tax rate & strong performance, with potential upside
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