General Motors’ Strong Q3 Earnings Impress Analysts, Highlights Turnaround And EV Profitability Focus
General Motors Company (NYSE:GM) reported third-quarter adjusted earnings per share of $2.96, surpassing expectations, and sales of $48.757 billion, which was up 10.5%. The company’s adjusted EBIT rose 15.5% to $4.115 billion, with a cash balance of $23.7 billion at quarter-end. Analysts covering the auto behemoth provided their takes: Wedbush analyst Daniel Ives reiterated the…