Craig-Hallum Upgrades General Motors (GM) to Buy
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February 5, 2015 9:44 AM EST
Deutsche Bank maintained a Hold rating on General Motors (NYSE: GM) with a price target of $35. 2015 EPS estimates were raised to $4.48 from $4.26. The change follow Q4 results.
Analyst Rod Lache said, "EPS came in at $1.19 vs. DBe of $0.78. While it was not the... More
February 4, 2015 7:30 AM EST
(Updated - February 4, 2015 7:32 AM EST)
General Motors (NYSE:
GM) reported Q4 EPS of $1.19, $0.36 better than the analyst estimate of $0.83. Revenue for the quarter came in at $39.6 billion versus the consensus estimate of $40.22 billion.
Earnings before interest and tax (EBIT) adjusted was $2.4 billion in the fourth quarter of 2014, compared with $1.9 billion in the fourth quarter of 2013.
A strong fourth quarter helped us deliver very good core operating results in 2014 despite significant challenges we and the industry faced, said GM CEO Mary Barra. By keeping our customers at the center of all... More
