General Motors (GM) Tops Q3 EPS by 62c

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Go back to General Motors (GM) Tops Q3 EPS by 62c

GM Reports Income of $2.5 Billion and EBIT-adjusted of $3.2 Billion

October 31, 2018 7:30 AM EDT

DETROIT, Oct. 31, 2018 /PRNewswire/ -- General Motors Co. (NYSE: GM) today announced third-quarter 2018 earnings results reflecting profitability in all core operating segments. Strong results in North America were driven by all-new full-size trucks, and crossovers. GM China equity income and GM Financial EBT were third-quarter records.

Third-quarter 2018 results:

Strong EPS-diluted of $1.75 and record third-quarter EPS diluted-adjusted of $1.87 Revenue of $35.8 billion, up 6.4% from third-quarter 2017 GM North America EBIT-adjusted of $2.8 billion and margin of 10.2 percent Record third-quarter equity income in China of $0.5 billion GM... More