General Motors (GM) Tops Q4 EPS by 22c
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GM Reports Another Strong Year of Earnings
February 6, 2019 8:30 AM ESTDETROIT, Feb. 6, 2019 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported strong 2018 full-year earnings. Results were driven by strong pricing, surging crossover sales, growth of GM Financial earnings, disciplined cost control and the successful launch of the company's all-new full-size pickup trucks: the Chevrolet Silverado and GMC Sierra.
Full-year 2018 results:
EPS-diluted of $5.58 and EPS-diluted-adjusted of $6.54 Full-year income of $8.1 billion and EBIT-adjusted of $11.8 billion Full-year EBIT-adjusted margin of 8.0 percent North America EBIT-adjusted of $10.8 billion China equity income of $2 billion GM Financial EBT-adjusted of $1.9 billion, up 58... More