Entering text into the input field will update the search result below

GM -3% as Brexit impact factors in

Oct. 25, 2016 10:34 AM ETGeneral Motors Company (GM) StockGMBy: Clark Schultz, SA News Editor22 Comments
  • General Motors (GM -3.2%) trades lower, despite posting a record Q3 profit on strength in North America.
  • Investors may be focused on the $100M loss in Europe and comments from CFO Chuck Stevens on that "very very challenging" market.
  • Stevens noted the negative impact of Brexit on GM for cars built in the U.K. and sold in EU-denominated nations.
  • During the conference call, GM execs acknowledged a leveling off of auto sales is expected. Ford execs have been saying the same thing for several months.
  • Previously: General Motors beats by $0.28, beats on revenue (Oct. 25)
  • Previously: GM higher after record profit in Q3 (Oct. 25)
  • GM earnings call transcript

Recommended For You

About GM Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
GM--
General Motors Company