General motors Non-GAAP EPS of $2.96 beats by $0.56, revenue of $48.76B beats by $4.38B
- General motors press release (NYSE:GM): Q3 Non-GAAP EPS of $2.96 beats by $0.56.
- Revenue of $48.76B (+10.5% Y/Y) beats by $4.38B.
- FY24 EPS consensus of $9.97
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GM is also updating its 2024 full-year earnings guidance for the third consecutive quarter:
Updated 2024 Guidance
Previous 2024 Guidance
Net income attributable to stockholders
$10.4 billion – $11.1 billion
$10.0 billion – $11.4 billion
EBIT-adjusted
$14.0 billion – $15.0 billion
$13.0 billion – $15.0 billion
Automotive operating cash flow
$22.0 billion – $24.0 billion
$19.2 billion – $22.2 billion
Adjusted automotive free cash flow
$12.5 billion – $13.5 billion
$9.5 billion – $11.5 billion
EPS-diluted
$9.14 – $9.64
$8.93 – $9.93
EPS-diluted-adjusted
$10.00 – $10.50
$9.50 – $10.50