Reported 2 days ago
General Motors exceeded Wall Street expectations in Q1 earnings but has suspended its financial forecasts and share buyback plans due to uncertainty surrounding President Trump's tariff policies. The company reported earnings per share of $2.78, beating the predicted $2.61, while revenues reached $44.02 billion. However, the impact of tariffs on production and profitability led GM to delay further guidance until more clarity on trade policies is available.
Source: YAHOO