General Motors Reports Mixed Q4 Earnings

General Motors GM reported fourth-quarter earnings of 5 cents per share on Wednesday, which beat the analyst consensus estimate of 1 cent. This is a 96.5% decrease over earnings of $1.43 per share from the same period last year.

The company reported quarterly sales of $30.8 billion, which missed the analyst consensus estimate of $31.04 billion by 0.77%. This is a 19.79% decrease over sales of $38.399 billion the same period last year.

GM shares were trading marginally higher at $34.57 in Wednesday's pre-market session. The stock has a 52-week high of $41.90 and a 52-week low of $32.97.

Related Links:

Ford Falls On Q4 Earnings Miss, Lower Outlook

Barra Defends GM's Lordstown Sale

Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...