General Motors Q2 2024 Adj EPS $3.06 Beats $2.72 Estimate, Sales $47.969B Beat $45.302B Estimate
Portfolio Pulse from Benzinga Newsdesk
General Motors (NYSE:GM) reported Q2 2024 adjusted EPS of $3.06, beating the estimate of $2.72. Sales were $47.969 billion, surpassing the $45.302 billion estimate and showing a 7.20% increase from the same period last year.
July 23, 2024 | 10:30 am
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General Motors reported Q2 2024 adjusted EPS of $3.06, beating the estimate of $2.72 by 12.5%. Sales were $47.969 billion, surpassing the $45.302 billion estimate and showing a 7.20% increase from the same period last year.
The strong earnings and revenue beat, along with a significant year-over-year sales increase, are likely to positively impact GM's stock price in the short term.
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