GM Earnings Surge with 54% EPS Boost
Automotive giant General Motors (NYSE:GM) reported strong earnings for the fourth quarter and full-year 2024 on Tuesday, Jan. 28. Robust adjusted earnings per share (EPS) of $1.92 topped the analysts' consensus estimate of $1.85 and were up 55% year over year. Quarterly revenue of $47.7 billion jumped 11% from the previous year's Q4 and beat estimates of $44.98 billion.
Despite facing challenges, GM's North American operations powered through, re-establishing its position with a substantial improvement in operational execution.
Source: General Motors. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. EBIT = Earnings before interest and taxes. pps = Percentage points.
Source Fool.com
General Motors Corp Stock
€65.30
2.090%
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