GM Reports Third-Quarter Net Income of $1.4 Billion and Record EBIT-Adjusted of $3.1 Billion
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
UBS Raises Price Target on General Motors (GM) Following a $0.31 EPS Beat in Q3
October 22, 2015 11:57 AM EDTUBS reiterated a Buy rating on General Motors (NYSE: GM), and raised the price target to $50.00 (from $48.00), following the company's 3Q15 earnings results. GM reported a $0.31 Q3 beat vs. consensus. Adjusted EBIT of $3.1bn beat consensus of $2.7bn, reflecting strong margin growth in... More
General Motors (GM) Tops Q3 EPS by 31c
October 21, 2015 7:33 AM EDTGeneral Motors (NYSE: GM) reported Q3 EPS of $1.50, $0.31 better than the analyst estimate of $1.19. Revenue for the quarter came in at $38.8 billion versus the consensus estimate of $38.78 billion.
Segment EBIT-Adjusted Results
GM North America reported record levels for EBIT-adjusted of $3.3... More