GM Reports Record Full-Year Earnings Per Share
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General Motors (GM) PT Raised to $43 at Piper Jaffray
February 8, 2017 9:31 AM ESTPiper Jaffray raised its price target on General Motors (NYSE: GM) to $43.00 (from $42.00) while maintaining a Overweight rating. Net automotive revenue of $41.2B was above the Street estimate of $39.1B. Adjusted EPS of $1.28 beat consensus estimates of $1.17.
Analyst Alexander Potter commented, "We reiterate our... More
General Motors (GM) PT Raised to $40 at Evercore ISI; 'Battered but Far From The Ropes'
February 8, 2017 7:30 AM ESTEvercore ISI analyst George Galliers reiterates Hold rating and raises price target on General Motors Co. (NYSE: GM) to $40 (from $36), suggesting yesterday's -4.7% performance in the stock, despite an EPS beat and in line guidance, represents an overreaction.
Galliers comments, GM was battered... More
Morgan Stanley Reiterates Outperform on General Motors (GM) Following 4Q Report
February 7, 2017 11:24 AM ESTMorgan Stanley reiterated an Overweight rating and $42.00 price target on General Motors (NYSE: GM) following the company's 4Q earnings report.
Analyst Adam Jonas commented, "GM posted an 18% beat vs. our Adj. EBIT ests, driven by NA and Europe. Other regions in line. GM... More
General Motors (GM) Tops Q4 EPS by 11c, Sales Rise 10.8%
February 7, 2017 7:30 AM ESTGeneral Motors (NYSE: GM) reported Q4 EPS of $1.28, $0.11 better than the analyst estimate of $1.17. Revenue for the quarter rose 10.8% to $43.9 billion versus the consensus estimate of $41.5 billion.
ROIC-adjusted of 28.9 percent, up from 27.2 percent.
"Solid results in the fourth quarter capped... More
