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GM's Q2 Hit By Steel Tariffs; Currency, Commodities Primary Earnings Drivers For 2018
Wednesday, July 25, 2018 - 9:45am | 751General Motors Company (NYSE: GM) plunged more than 6 percent Wednesday after missing second-quarter bottom-line estimates by about 2.7 percent. But management was “reasonably pleased” with the broader performance. “The headline would be we delivered very solid results...
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Ford Says Goodbye To The Focus, Taurus And Others In North America: 'This Was Expected'
Thursday, April 26, 2018 - 10:42am | 628Ford Motor Company (NYSE: F) announced Wednesday it will pare its North American car portfolio to just two vehicles. The Mustang and Focus Active crossover will survive the transition, which eliminates investment in next-generation models of the Fusion, Focus, Taurus and Fiesta. “We are...
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Showdown: How GM, Ford Compare In Q4 Sales, Earnings
Tuesday, February 6, 2018 - 3:10pm | 338General Motors Company (NYSE: GM) posted a bottom-line beat Tuesday, with its $1.65 earnings per share figure 20 percent above estimates and 21 percent over 2016’s comparable period. Those metrics compounded a best-ever fourth quarter in adjusted earnings before interest and taxes — $3....
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3 Developing Stories Auto Investors Are Watching Closely
Tuesday, July 28, 2015 - 1:28pm | 611There have been a lot of potentially market-moving developments in the auto industry lately. Here’s a rundown of three particular developments have captured the attention of auto investors. China The Chinese stock market has been all over the place lately, and there have been mixed reports...
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After A Strong Q2, GM CFO Expects Back Half To Be Even Better
Thursday, July 23, 2015 - 2:10pm | 356General Motors Company (NYSE: GM) surprised the Street on Thursday by declaring much better than expected second-quarter numbers. The company reported double its U.S. EBIT year-over-year to the tune of $2.8 billion. General Motors CFO Chuck Stevens, was on CNBC recently to weigh in on the...
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General Motors CFO Explains Earnings Miss
Friday, April 24, 2015 - 1:37pm | 360General Motors Company (NYSE: GM) reported first-quarter earnings Thursday. EPS for the company came in at $0.86, which was below analysts' estimates of $0.96. General Motors CFO Chuck Stevens was on CNBC recently to weigh in on the earnings. South America And Tax Rate "From a EPS...
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General Motors CFO And Company's 20% Dividend Increase
Wednesday, February 4, 2015 - 4:23pm | 327General Motors Company (NYSE: GM) came with better-than-expected fourth-quarter earnings on Wednesday, which sent its shares soaring. The company declared net income of $0.66 a share, compared to $0.57 a share in the same quarter last year. GM also announced its plans to increase its dividends by...