GM Reports Income of $2.1 Billion and EBIT-Adj. of $2.3 Billion
Tue, April 30, 2019
DETROIT — General Motors Co. (NYSE: GM) today reported solid first-quarter earnings. The company’s full-size truck launch is ahead of plan and drove strong pricing for the quarter in North America. Average transaction prices for GM’s all-new full-size crew cab pickup trucks are up $5,800 over the outgoing models.
First-quarter 2019 results:
- EPS-diluted of $1.48 and EPS-diluted-adjusted of $1.41.
- Income of $2.1 billion, up 93.2% year over year.
- Revenue of $34.9 billion.
- GM North America EBIT-adjusted of $1.9 billion.
- GM Financial EBT of $0.4 billion.
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.
Investor analyst conference call
GM Chairman and CEO Mary Barra and Chief Financial Officer Dhivya Suryadevara will host a conference call for investor analysts at 10 a.m. EDT today to discuss first-quarter results. Introductory remarks will be followed by a question-and-answer session for analysts.
Journalists who wish to listen to the call may dial in using the following numbers:
United States: 1-888-808-8618
Name of Call: GM Earnings Call
General Motors (NYSE:GM) is committed to delivering safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Cadillac, Chevrolet, Baojun, Buick, GMC, Holden, Jiefang and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, Maven, its personal mobility brand, and Cruise, its autonomous vehicle company, can be found at http://www.gm.com.
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GM Finance Communications
GM Investor Relations
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