Reported about 1 month ago
General Motors (GM) surpassed Wall Street estimates in its Q3 earnings, with revenue at $48.76 billion and adjusted earnings per share at $2.96. CFO Paul Jacobson attributed this success to the company's diverse product portfolio and emphasis on customer focus, despite ongoing affordability challenges. GM also raised its full-year outlook for the third time and is strategically managing inventory to meet anticipated demand for the peak selling season ahead.
Source: YAHOO