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General Motors Q4 Profit Tops Estimates; Issues FY21 Earnings Outlook

General Motors Co. (GM) reported fourth-quarter adjusted profit per share of $1.93 compared to $0.05, prior year. On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $1.64, for the quarter. Analysts' estimates typically exclude special items.

Fourth-quarter revenue was $37.5 billion, an increase of $6.7 billion from prior year. Analysts expected revenue of $36.12 billion, for the quarter.

For fiscal 2021, the company projects: adjusted EPS in a range of $4.50 - $5.25.

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