General Motors: Q4 2019 exceeds expectations
(CercleFinance.com) - General Motors today posted Q4 2019 adjusted (non-GAAP) EPS that is down 96.
5% at 5 cents, although this still exceeded the consensus by 4 cents.
The Detroit based car maker saw its revenue fall by 19.7% to 30.8 billion dollars, while its adjusted margin (non-GAAP) was down 7 points.
Over FY 2019, GM reported an adjusted operating profit of 8.4 billion dollars, down 28.8% y-o-y.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
5% at 5 cents, although this still exceeded the consensus by 4 cents.
The Detroit based car maker saw its revenue fall by 19.7% to 30.8 billion dollars, while its adjusted margin (non-GAAP) was down 7 points.
Over FY 2019, GM reported an adjusted operating profit of 8.4 billion dollars, down 28.8% y-o-y.
Copyright (c) 2020 CercleFinance.com. All rights reserved.