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GM Reports Income of $2.5 Billion and EBIT-adjusted of $3.2 Billion
By PR Newswire, October 31, 2018, 07:30:00 AM EDT
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DETROIT, Oct. 31, 2018 /PRNewswire/ -- General Motors Co. (NYSE:GM) today announced third-quarter 2018 earnings results reflecting profitability in all core operating segments. Strong results in North America were driven by all-new full-size trucks, and crossovers. GM China equity income and GM Financial EBT were third-quarter records.
Third-quarter 2018 results:
Strong EPS-diluted of $1.75 and record third-quarter EPS diluted-adjusted of $1.87
Revenue of $35.8 billion, up 6.4% from third-quarter 2017
GM North America EBIT-adjusted of $2.8 billion and margin of 10.2 percent
Record third-quarter equity income in China of $0.5 billion
GM Financial EBT of $0.5 billion, a third-quarter record
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