General Motors (GM) Tops Q2 EPS by 21c
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July 24, 2015 7:15 AM EDT
Credit Suisse upgraded General Motors (NYSE: GM) from Underperform to Neutral with a price target of $33.00 following significantly better-than-expected results in NA and Europe.
The firm is increasing FY2015 / 2016 EPS estimates to $4.50 / $4.70 from $4.35 / $4.65.
Analyst Dan Galves notes meaningful evidence of self-help and solid... More
July 23, 2015 7:58 AM EDT
General Motors (NYSE: GM) is ripping higher in early trading following strong Q2 results issued ahead of the opening bell.
GM posted Q2 EPS of $1.29 with revenue of $38.2 billion, versus consensus estimates calling for EPS of $1.08 and revenue of $40.62 billion. Earnings growth was 122 percent over last year, while rvenue slipped 3.5 percent.
GM said special items before tax in the... More
