General Motors (NYSE: GM) reported second-quarter financial results before the regular trading hours on Wednesday. Even though the pandemic pushed the automaker to a loss, it wasn’t as wide as the street expected. The company reported an adjusted loss of $0.50, compared to $1.77 projected by analysts.
Meanwhile, revenues fell below the street consensus.
GM shares rose 4% immediately following the announcement. The stock has declined 30% since the beginning of this year.
GM’s prime competitor Ford (NYSE: F) is scheduled to announce quarterly results tomorrow aftermarket. Electric vehicle pioneer Tesla (NASDAQ: TSLA), meanwhile, last week delivered a surprise profit in Q2, sending the stock up almost 7%.
[irp posts=”64296″]
Prior performance
[irp posts=”67108″]
______
Most Popular
Hormel (HRL) expects earnings pressure to continue into Q1 2026
Shares of Hormel Foods Corporation (NYSE: HRL) gained over 3% on Thursday. The company delivered mixed results for the fourth quarter of 2025, as earnings came ahead of expectations while
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
