GM Raises 2024 Adj. EPS Guidance From $8.50-$9.50 To
$9.00-$10.00 vs $9.08 Est.
Portfolio Pulse from Benzinga Newsdesk
GM has increased its adjusted EPS guidance for 2024 from the previous range of $8.50-$9.50 to a new range of $9.00-$10.00, compared to the analyst estimate of $9.08.
April 23, 2024 | 10:31 am
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GM has revised its 2024 adjusted EPS guidance upwards, now expecting $9.00-$10.00 versus the prior $8.50-$9.50 range and against analysts' $9.08 estimate.
GM's upward revision of its 2024 EPS guidance suggests a positive outlook on its financial performance and operational efficiency, likely leading to increased investor confidence and potentially a rise in stock price in the short term.
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