General Motors (GM) Tops Q2 EPS by 35c; Boosts FY16 EPS Outlook
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GM Reports Second-Quarter Net Income of $2.9 Billion, Up 157 Percent
July 21, 2016 7:30 AM EDTDETROIT, July 21, 2016 /PRNewswire/ --
Strong EPS diluted of $1.81; record EPS diluted-adjusted of $1.86 Record net revenue of $42.4 billion, up 11 percent Record EBIT-adjusted of $3.9 billion, up 37 percent GM North America sets records for EBIT-adjusted of $3.6 billion, 12.1 percent marginGeneral Motors Co. (NYSE: GM) today announced strong second-quarter net income to common stockholders of $2.9 billion, up 157 percent compared to $1.1 billion in the second quarter of 2015. Earnings per share (EPS) diluted was a strong $1.81, compared to $0.67 in the second quarter a year... More
