- General Motors (NYSE:GM) brought in record net income of $2.8B during Q3.
- The company reports an EBIT-adjusted tally of $3.5B, up 14% Y/Y. The EBIT-adjusted margin rate was 8.3%.
- Segment EBIT-adjusted: North America +$3.5B, Europe -$100M, International Ops +$300M, South America -$100M, GM Financial +$200M.
- Automotive free cash flow of $3.5B was recorded during the quarter.
- GM says it expects full-year EPS at the high end of its previously-stated range of $5.50 to $6.00.
- Previously: General Motors beats by $0.28, beats on revenue (Oct. 25)
- GM +1.43% premarket to $33.45.