GM: beats consensus in Q4

(CercleFinance.com) - General Motors has published Q4 2018 adjusted EPS (Non-GAAP) that is down 13.
3% at 1.43 dollar, around 20 cents above the consensus, while its adjusted operating margin fell by 0.8 point to 7.4%.

The car maker from Detroit saw its revenue rise by 1.8% to 38.4 billion dollars, thanks to a strong performance in North America, with the Chevrolet Silverado and GMC Sierra models.

Over FY 2018, GM reported adjusted EPS that was down 1.2% to 6.54 dollars, for revenues that are up 1% at 147 billion dollars. For the record, last month the group said that it is aiming for EPS of between 6.50 dollars and 7 dollars in FY 2019.



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