GM Reports Third-Quarter Net Income of $1.4 Billion and Record EBIT-Adjusted of $3.1 Billion

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Go back to GM Reports Third-Quarter Net Income of $1.4 Billion and Record EBIT-Adjusted of $3.1 Billion

UBS Raises Price Target on General Motors (GM) Following a $0.31 EPS Beat in Q3

October 22, 2015 11:57 AM EDT

UBS 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 EDT

General 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