GM Stock Rises After Earnings Crush Estimates. The Stock Is Still Too Cheap.
Now it is up to investors to evaluate GM stock’s valuation multiple.GM reported third-quarter earnings per share of $2.96 and an operating profit of $4.1 billion from sales of $48.8 billion. Wall Street was looking for EPS of $2.
Stock market today: Global shares mostly fall ahead of earnings reports
Global shares mostly declined in cautious trading Tuesday ahead of earnings reports around the globe, as Wall Street’s long, record-breaking rally lost steam. France's CAC 40 lost 0.3% to 7,516.20, while the German DAX rose 0.
Stock market today: Wall Street barely budges as GM’s best day in years offsets GE Aerospace tumble
U.S. stock indexes barely budged after a quiet day of mixed trading on Tuesday. The S&P 500 edged down by less than 0.1%. It was a tiny loss, but it still marked the f
Stock market today: Wall Street futures decline early Tuesday, even as big names post strong results
U.S. indices declined in premarket trading as Wall Street’s record-breaking rally appeared to lose some steam despite strong quarterly performances from high-profile companies.
Stock market today: Asian shares fall after Wall Street pulls back from its records
Asian shares outside of China are lower in cautious trading ahead of earnings reports both in the region and overseas, after Wall Street's long, record-breaking rally ran out of steam
GM tops estimates on 'remarkably' resilient consumer, shares surge
General Motors continued to defy Wall Street's expectations this year, posting third-quarter results ahead of analyst ...
GM’s Stock Soars on Steady Profits, Rosier Full-Year Outlook
General Motors Co. signaled solid US demand for its highest-margin vehicles even as the broader market softens, posting ...
General Motors (GM) Stock Trades Up, Here Is Why
Shares of automotive manufacturer General Motors (NYSE:GM) jumped 9.2% in the afternoon session after the company reported ...
GM reports a $3 billion quarterly profit despite US sales drop, China losses and its stock surges
U.S. sales are down and a once-profitable joint venture in China is losing money, but General Motors still managed to post $3 ...
Will GM's Q3 Results Justify Stock's 35% Jump This Year?
General Motors is poised to report its Q3 2024 results shortly. We expect earnings for the quarter to come in at $2.45 per ...
4 reasons GM is crushing it right now
GM earnings topped expectations and sent shares surging, thanks to strong truck sales and a turnaround in China.
GM Stock Rallies After Earnings Beat Propelled by Gas-Powered Vehicles
General Motors faces softening vehicle prices from the frothy pandemic era, heavy losses on electric cars and the disappearance of profits in China, once the automaker’s largest market. Despite those ...
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Why General Motors Stock Soared Today
That's helped drive GM shares higher by more than 50% this year. That includes today's move, which saw the stock jump by ...
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GM's stock leads the S&P 500 gainers, as it heads toward a multiyear high
The auto maker's stock topped the S&P 500's gainers list, and was headed for the biggest one-day gain since it rallied 7.8% on Jan. 30. It was also on track for the highest close since Feb. 3, 2022.
S&P 500 Gains and Losses Today: GM Stock Pops as EVs and SUVs Drive Earnings Beat
The S&P 500 slipped by less than 0.1% on Tuesday, Oct. 22, as the markets digested a mixed bag of corporate earnings reports.