General Motors (GM) Tops Q1 EPS by 15c
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GM Reports Income from Continuing Operations of $1.1 Billion and EBIT-adjusted of $2.6 Billion
April 26, 2018 7:00 AM EDTDETROIT, April 26, 2018 /PRNewswire/ --Â General Motors Co. (NYSE: GM) today announced first-quarter 2018 results reflecting profitability in all operating segments and record earnings in China and from GM Financial.
Income from continuing operations was impacted by a $0.9 billion special charge related to Korea restructuring. Income from continuing operations and EBIT-adjusted reflect the impact of planned production downtime in preparation for the company's all-new full-size Chevrolet Silverado and GMC Sierra truck launches later this year.
First-quarter... More
