GM Reports Income of $2.5 Billion and EBIT-adjusted of $3.2 Billion
General Motors
October 31, 2018
DETROIT — 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
For complete details and to see reconciliations of non-GAAP measures to their most directly comparable GAAP measures, click here to download the full press release, or visit the GM Investor Relations website.