General Motors (GM) Tops Q2 EPS by 2c, Guides FY EPS Below Views

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Go back to General Motors (GM) Tops Q2 EPS by 2c, Guides FY EPS Below Views

GM Reports Income of $2.4 Billion and EBIT-adjusted of $3.2 Billion

July 25, 2018 7:00 AM EDT

DETROIT, July 25, 2018 /PRNewswire/ -- General Motors Co. (NYSE: GM) today announced second-quarter 2018 results reflecting profitability in all core operating segments and the second consecutive quarter of records for China and GM Financial. Results included the unfavorable impact of rising commodity costs, and foreign currency devaluations in South America.

Second-quarter 2018 results:

EPS-diluted of $1.66 and EPS diluted-adjusted of $1.81 Revenue of $36.8 billion GM North America EBIT-adjusted of $2.7 billion and margin of 9.4 percent GM International EBIT-adjusted of $0.1 billion, includes record equity income in China of $0.6 billion,... More