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General Motors Q3 Adjusted Earnings, Revenue Climb; Lifts Lower End of 2024 Adjusted EPS Guidance
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General Motors Q3 Adjusted Earnings, Revenue Climb; Lifts Lower End of 2024 Adjusted EPS Guidance
Oct 22, 2024 12:06 PM

06:58 AM EDT, 10/22/2024 (MT Newswires) -- General Motors ( GM ) reported Q3 adjusted earnings Tuesday of $2.96 per diluted share, up from $2.28 a year earlier.

Analysts polled by Capital IQ expected $2.40.

Revenue for the quarter ended Sept. 30 was $48.76 billion, up from $44.13 billion a year earlier.

Analysts polled by Capital IQ expected $44.38 billion.

The company said it now expects 2024 adjusted EPS of $10 to $10.50, compared with $9.50 to $10.50 previously. Analysts polled by Capital IQ are looking for $9.97.

Shares of the automaker were up 2.6% in recent Tuesday premarket activity.

Price: 50.22, Change: +1.29, Percent Change: +2.64

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