GM Reports Third-Quarter Net Income of $1.4 Billion and Record EBIT-Adjusted of $3.1 Billion
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UBS Raises Price Target on General Motors (GM) Following a $0.31 EPS Beat in Q3
October 22, 2015 11:57 AM EDTUBS reiterated a Buy rating on General Motors (NYSE: GM), and raised the price target to $50.00 (from $48.00), following the company's 3Q15 earnings results. GM reported a $0.31 Q3 beat vs. consensus. Adjusted EBIT of $3.1bn beat consensus of $2.7bn, reflecting strong margin growth in... More
General Motors (GM) Tops Q3 EPS by 31c
October 21, 2015 7:33 AM EDTGeneral Motors (NYSE: GM) reported Q3 EPS of $1.50, $0.31 better than the analyst estimate of $1.19. Revenue for the quarter came in at $38.8 billion versus the consensus estimate of $38.78 billion.
Segment EBIT-Adjusted Results
GM North America reported record levels for EBIT-adjusted of $3.3... More