scorecard
  1. Home
  2. stock market
  3. GM BEATS EARNINGS EXPECTATIONS, SHARES RALLY

GM BEATS EARNINGS EXPECTATIONS, SHARES RALLY

Rob Wile   

GM BEATS EARNINGS EXPECTATIONS, SHARES RALLY
Stock Market1 min read

chevydealer

REUTERS/Rebecca Cook

A man walks past a row of General Motors vehicles at a Chevrolet dealership on Woodward Avenue in Detroit, Michigan April 1, 2014.

GM earnings came in at $0.29/share, above to $0.04/share expected but well below the $0.58/share a year ago.

The company said higher truck prices had pulled up margins.

Revenues came in mostly in-line at $37.4 billion versus $37.9 billion expected.

Shares are up more than 1%.

READ MORE ARTICLES ON


Advertisement

Advertisement