General Motors (GM) Tops Q1 EPS by 30c
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GM Reports Income of $2.1 Billion and EBIT-Adj. of $2.3 Billion
April 30, 2019 8:00 AM EDTDETROIT, April 30, 2019 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported solid first-quarter earnings. The company's full-size truck launch is ahead of plan and drove strong pricing for the quarter in North America. Average transaction prices for GM's all-new full-size crew cab pickup trucks are up $5,800 over the outgoing models.
First-quarter 2019 results:
EPS-diluted of $1.48 and EPS-diluted-adjusted of $1.41. Income of $2.1 billion, up 93.2% year over year. Revenue of $34.9 billion. GM North America EBIT-adjusted of $1.9 billion. GM Financial EBT of $0.4... More