Categories AlphaGraphs, Earnings, Industrials
GM Earnings: All you need to know about General Motors’ Q2 2023 earnings results
General Motors Co. (NYSE: GM) reported second quarter 2023 earnings results today.
Revenue increased 25.1% year-over-year to $44.7 billion.
Net income attributable to stockholders grew 51.7% to $2.56 billion while EPS rose 60.5% to $1.83 compared to last year. Adjusted EPS rose 67.5% to $1.91.
Both revenue and earnings beat estimates.
General Motors raised its guidance for the full year of 2023. It now expects GAAP net income attributable to stockholders of $9.3-10.7 billion, compared to the previous outlook of $8.4-9.9 billion.
The stock gained over 1% in premarket hours on Tuesday following the earnings report.
Prior performance
Most Popular
BLK Q4 Preview: BlackRock appears poised for another earnings beat
BlackRock, Inc. (NYSE: BLK), the largest asset management company, is expected to publish its fourth-quarter 2025 results next week. The update is expected to shed light on how the firm’s
A look at Best Buy’s (BBY) progress on its growth strategy
Shares of Best Buy Co., Inc. (NYSE: BBY) fell over 3% on Wednesday. The stock has dropped 17% over the past 12 months. The consumer electronics retailer delivered sales and
Citigroup set to report Q4 2025 earnings. Here’s what to expect
Citigroup Inc. (NYSE: C) has undergone a sweeping transformation in recent years, emerging as a more streamlined and profitable financial institution. The bank's performance in recent quarters has underscored the
