General Motors: easily beats consensus in Q3
(CercleFinance.com) - General Motors has posted Q3 adjusted (non-GAAP) EPS from continuing operations that is up 41.
7% at 1.87 dollar, over sixty cents above the consensus.
The Detroit based car maker saw its adjusted operating profit increase by a quarter to 3.2 billion dollars, up 1.3% points to 8.8%, for sales that are up 6.4% to 35.8 billion dollars.
In North America, GM boasts a margin of 10.2%, supported by an increase in the average transaction price to a record high for this time of the year. It also announced record Q3 earnings at GM China and GM Financial.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
7% at 1.87 dollar, over sixty cents above the consensus.
The Detroit based car maker saw its adjusted operating profit increase by a quarter to 3.2 billion dollars, up 1.3% points to 8.8%, for sales that are up 6.4% to 35.8 billion dollars.
In North America, GM boasts a margin of 10.2%, supported by an increase in the average transaction price to a record high for this time of the year. It also announced record Q3 earnings at GM China and GM Financial.
Copyright (c) 2018 CercleFinance.com. All rights reserved.