UBS Raises Price Target on General Motors (GM) Following a $0.31 EPS Beat in Q3
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GM Financial Reports September Quarter 2015 Operating Results
October 21, 2015 7:43 AM EDTSeptember quarter net income of $179 million Consumer loan and lease originations of $10.9 billion End of period earning assets of $52.7 billion Available liquidity of $11.6 billion at quarter end
FORT WORTH, Texas--(BUSINESS WIRE)-- GENERAL MOTORS FINANCIAL COMPANY, INC. (GM Financial or the Company) announced net income of $179 million for the quarter ended September 30, 2015, compared to $158 million for the quarter ended September 30, 2014. Earnings for the nine months ended September 30, 2015 were $515 million, compared to $478 million for the nine months ended September 30, 2014.
Consumer... More
GM Reports Third-Quarter Net Income of $1.4 Billion and Record EBIT-Adjusted of $3.1 Billion
October 21, 2015 7:30 AM EDTDETROIT, Oct. 21, 2015 /PRNewswire/ --Â General Motors Co. (NYSE: GM) today announced third-quarter net income to common stockholders of $1.4 billion or $0.84 per diluted share, compared to $1.4Â billion or $0.81 per diluted share a year ago. Improvement in operating performance during the quarter was offset by a net loss from special items.
Earnings per share adjusted for special items was $1.50, up 55 percent compared to the third quarter of 2014. Year to date through the third quarter, adjusted earnings per share was $3.63, up 96 percent compared to the prior year.
Third quarter earnings before interest and... More
