General Motors GM delivered strong Q3 results this morning posting stellar growth and raising its full-year profit guidance.
Fueled by its North American operations, General Motors’ Q3 sales increased 10% year over year to $48.75 billion compared to $44.13 billion in the comparative quarter. This also surpassed Q3 sales estimates of $43.98 billion by 11%. More impressive, Q3 earnings spiked 30% to $2.96 per share versus EPS of $2.28 a year ago and crushed expectations of $2.49 a share by 19%.
Notably, General Motors has surpassed analysts consensus for nine consecutive quarters posting an average earnings surprise of 17.54% in its last four quarterly reports.
You can take General Motors Q3 valuation, here https://www.growthvaluation.com/download-category/evaluations/