GM Reports Strong 2020 Full-Year and Fourth-Quarter Results
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Credit Suisse Reiterates Outperform Rating on General Motors (GM)
February 11, 2021 6:29 AM ESTCredit Suisse analyst Dan Levy reiterated an Outperform rating and $68.00 price target on General Motors (NYSE: GM) as the company continues its transition to electric vehicles. GM increasingly shows that it offers one of the most holistic and ambitious EV strategies amongst legacy... More
General Motors (GM) Tops Q4 EPS by 30c
February 10, 2021 7:34 AM ESTGeneral Motors (NYSE: GM) reported Q4 EPS of $1.93, $0.30 better than the analyst estimate of $1.63.
Fourth-quarter income of $2.8 billion, and EBIT-adjusted of $3.7 billionFourth-quarter EBIT-adjusted margin of 9.9 percentFourth-quarter automotive operating cash flow of $5.2 billion, and adjusted automotive free cash flow of $3.4 billionGM North America fourth-quarter EBIT-adjusted of $2.6 billion, and EBIT-adjusted margin of 8.7 percentGM International fourth-quarter EBIT-adjusted of $0.3 billionChina Equity Income of $0.2 billionCruise fourth-quarter EBIT-adjusted of $(0.3) billionGM Financial reported record fourth-quarter EBT-adjusted of $1.0 billionQ4 2020 Letter to Shareholders
Dear Fellow General Motors... More
