General Motors Corp (GM)

Index:

S&P 100

$ 58.38
   
  • Change Today:
    $1.04
  • 52 Week High: $61.34
  • 52 Week Low: $42.48
  • Currency: US Dollars
  • Shares Issued: 1,000.00m
  • Volume: 7,956,170
  • Market Cap: $58,380m
  • RiskGrade: 205
  • Beta: 0.85

GM holds guidance as Q3 earnings beat estimates

By Frank Prenesti

Date: Tuesday 25 Oct 2022

LONDON (ShareCast) - (Sharecast News) -
US automaker General Motors beat third-quarter earnings expectations and held full-year guidance on Tuesday.

The company GM reaffirmed its guidance for full-year net income of $9.6bn-$11.2bn and full-year diluted earnings per share of $5.76-$6.76.

Diluted earnings per share in the third quarter came in at $2.25 against estimates of $1.88.

Revenue for the period was $41.9bn from $26.8bn a year ago and against expectations of $42.22bn. Net income rose to $3.3bn compared with $2.4bn last year.

Chief financial officer Paul Jacobson said the company expects to hit the "mid-point" of its earnings guidance for the year.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GM Market Data

Currency US Dollars
Share Price $ 58.38
Change Today $ 1.04
% Change 1.81 %
52 Week High $61.34
52 Week Low $42.48
Volume 7,956,170
Shares Issued 1,000.00m
Market Cap $58,380m
Beta 0.85
RiskGrade 205

What The Brokers Say

Strong Buy 6
Buy 9
Neutral 10
Sell 2
Strong Sell 0
Total 27
buy
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Trades for 17-Oct-2025

Time Volume / Share Price
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15:59 100 @ $58.37
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15:59 587 @ $58.37
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