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2022-04-27

General Motors Reports Q1 Beat, Revenue Miss and Provides 2022 Outlook

General Motors reported its Q1 results, with EPS of $2.09 coming in better than the consensus estim

General Motors Reports Q1 Beat, Revenue Miss and Provides 2022 Outlook

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Revenue was $35.98 billion, compared to the consensus estimate of $37.01 billion.</p><p>General Motors shares rose 1.92% after-hours following the company&#39;s first-quarter results.<img src=\"https://static.tigerbbs.com/a8b6107ad08b2cbac8aa237e58f02ad7\" tg-width=\"940\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/></p><p>According to the company’s Chair and CEO Mary Barra’s letter to shareholders, management reiterated its full 2022-year financial guidance, given the strong demand for the company’s vehicles, including its dramatically redesigned Chevrolet and GMC light-duty pickups launching now, its cost discipline, and the progress of its growth plan.</p><p>The company expects 2022 EPS to range from $6.50 to $7.50, compared to the consensus estimate of $6.70. 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Revenue was $35.98 billion, compared to the consensus estimate of $37.01 billion....</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19964191\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19964191","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2230480890","content_text":"General Motors  reported its Q1 results, with EPS of $2.09 coming in better than the consensus estimate of $1.68. 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