[ad_1]
Basic Motors Co. (NYSE: GM) reported second quarter 2023 earnings outcomes right this moment.
Income elevated 25.1% year-over-year to $44.7 billion.
Web revenue attributable to stockholders grew 51.7% to $2.56 billion whereas EPS rose 60.5% to $1.83 in comparison with final yr. Adjusted EPS rose 67.5% to $1.91.
Each income and earnings beat estimates.
Basic Motors raised its steerage for the total yr of 2023. It now expects GAAP web revenue attributable to stockholders of $9.3-10.7 billion, in comparison with the earlier outlook of $8.4-9.9 billion.
The inventory gained over 1% in premarket hours on Tuesday following the earnings report.
Prior efficiency
[ad_2]
Source link
