GM Releases 2023 Fourth-Quarter and Full-Year Results, and 2024 Guidance
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GM surges as CEO promises greater shareholder returns
January 30, 2024 11:56 AM ESTShares of General Motors (NYSE: GM) jumped nearly 9% in early trading Tuesday after management revealed an upbeat outlook for 2024 and signaled that more capital will be returned to shareholders.
GM CEO Marry Barra highlighted strategies aimed at giving back cash to shareholders, such as a $12 billion allocation in 2023 through a $10 billion share buyback and a 33% dividend... More
Ford Motor (F) Trades Higher in Sympathy with General Motors (GM)
January 30, 2024 7:19 AM ESTFord (NYSE: F) Trades Higher in Sympathy with General Motors (NYSE: GM)
GM +8% Following ResultsF +2.7%Stellantis (NYSE: STLA) +2.3%... More
General Motors (GM) Tops Q4 EPS by 8c, Beats on Revenue, Offers Strong EPS Guidance
January 30, 2024 6:31 AM EST(Updated - January 30, 2024 6:32 AM EST)
General Motors (NYSE: GM) reported Q4 EPS of $1.24, $0.08 better than the analyst estimate of $1.16. Revenue for the quarter came in at $43 billion versus the consensus estimate of $38.66 billion.
The company sees 2024 Adjusted EPS of $8.50-$9.50, above estimate... More
