General Motors Company (GM) reported earnings for first quarter that Drops, from last year
The company's bottom line came in at $2.614 billion, or $2.82 per share. This compares with $3.361 billion, or $3.35 per share, last year.
Excluding items, General Motors Company reported adjusted earnings of $3.430 billion or $3.70 per share for the period.
The company's revenue for the period fell 0.9% to $43.624 billion from $44.020 billion last year.
General Motors Company earnings at a glance (GAAP) :
-Earnings: $2.614 Bln. vs. $3.361 Bln. last year.-EPS: $2.82 vs. $3.35 last year.-Revenue: $43.624 Bln vs. $44.020 Bln last year.
-Guidance:Full year EPS guidance: $ 11.50 To $ 13.50
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.