GM Reports Second-Quarter Net Income of $2.9 Billion, Up 157 Percent
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UBS Reiterates Buy on General Motors (GM) Following 2Q Earnings Beat
July 22, 2016 9:42 AM EDTUBS reiterated a Buy rating and $41.00 price target on General Motors (NYSE: GM) following the company's 2Q earnings report.
Analyst Colin Langan commented, "Similar to Q1, GM traded up just 2% (vs. industry ~flat) after posting another strong earnings beat. The adj.... More
Ford (F), Fiat Chrysler (FCAU) Shares Active Following Solid Q2 Results, Boosted Outlook for General Motors (GM)
July 21, 2016 7:36 AM EDTFord Motor (NYSE: F) and Fiat Chrysler (NYSE: FCAU) shares are ticking higher following solid quarterly results and increased guidance from peer General Motors (NYSE: GM).
Ahead of the opening bell, GM posted Q2 adjusted EPS of $1.86, versus $1.51 expected.
... MoreGeneral Motors (GM) Tops Q2 EPS by 35c; Boosts FY16 EPS Outlook
July 21, 2016 7:31 AM EDTGeneral Motors (NYSE: GM) reported Q2 EPS of $1.86, $0.35 better than the analyst estimate of $1.51. Revenue for the quarter came in at $42.4 billion versus the consensus estimate of $38.93 billion.
The company reported records for earnings before interest and tax (EBIT) adjusted of $3.9 billion and... More
