General Motors (GM) Tops Q1 EPS by 51c, Beats on Revenue; Offers FY23 Guidance

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Go back to General Motors (GM) Tops Q1 EPS by 51c, Beats on Revenue; Offers FY23 Guidance

GM Releases 2023 First-Quarter Results and Raises Full-Year Guidance

April 25, 2023 6:30 AM EDT

DETROIT, April 25, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported first-quarter 2023 revenue of $40.0 billion, net income attributable to stockholders of $2.4 billion and EBIT-adjusted of $3.8 billion.

GM is also updating its full-year 2023 earnings guidance:

U.S. GAAP net income attributable to stockholders of $8.4 billion-$9.9 billion, compared to the previous outlook of $8.7 billion-$10.1... More