General Motors Co reports results for the quarter ended December 31 - Earnings Summary

• General Motors Co GM.N reported quarterly adjusted earnings of $1.92​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.24. The mean expectation of twenty analysts for the quarter was for earnings of $1.89 per share. Wall Street expected results to range from $1.42 to $2.44 per share.

• Revenue rose 11% to $47.70 billion from a year ago; analysts expected $43.93 billion.

• General Motors Co's reported EPS for the quarter was a loss of $1.64​.

• The company reported a quarterly loss of $1.73 billion.

• General Motors Co shares had risen by 3.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 8.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 10 "hold" and 3 "sell" or "strong sell."

• The average consensus recommendation for the auto & truck manufacturers peer group is also "buy"

Wall Street's median 12-month price target for General Motors Co is $60.00

This summary was machine generated from LSEG data January 28 at 01:08 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)