GM Reports Strong First-Quarter 2021 Results
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General Motors (GM ) Tops Q1 EPS by $1.28, Revs Light
May 5, 2021 7:32 AM EDTGeneral Motors (NYSE: GM ) reported Q1 EPS of $2.25, $1.28 better than the analyst estimate of $0.97. Revenue for the quarter came in at $32.5 billion versus the consensus estimate of $33.15 billion.
GUIDANCE:
General Motors sees FY2021 EPS of $4.28-$5.03, versus the consensus of $5.24.
CEO LETTER:
Dear Shareholders,
Today, we announced that General Motors delivered strong first-quarter results, with EBIT-adjusted of $4.4 billion, and EPS-diluted-adjusted of $2.25. Youll find additional details on investor.gm.com.
These strong results demonstrate once again the underlying strength of our business, especially in North America... More
