General Motors (GM) Tops Q1 EPS by 25c

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Go back to General Motors (GM) Tops Q1 EPS by 25c

GM Reports First-Quarter Net Income of $2.0 Billion

April 21, 2016 7:30 AM EDT

DETROIT, April 21, 2016 /PRNewswire/ --

EPS diluted of $1.24; First-quarter record EPS diluted-adjusted of $1.26 First-quarter record EBIT-adjusted of $2.7 billion GM Europe posts break-even performance

General Motors Co. (NYSE: GM) today announced first-quarter net income to common stockholders of $2.0 billion or $1.24 per diluted share, compared to $0.9 billion or $0.56 per diluted share a year ago. Earnings per share diluted-adjusted for special items was a first-quarter record at $1.26, up 47 percent compared to the first quarter of 2015.

The company set first-quarter records for earnings and margin, with... More