The Bull Case For Gm Shares Jump 14 Year To Date You Michael ward, the benchmark company, joins 'power lunch' to discuss the auto sector and his buy rating on ge as its shares trade lower. for access to live an. Michael ward, the benchmark company, joins 'power lunch' to discuss the auto sector and his buy rating on ge as its shares trade lower.
What The Bull Case Looks Like вђ Humble Student Of The Markets Gm expects its electric vehicle operations will begin returning variable profit by the second half the year, jacobson said. it forecast 2024 adjusted pre tax profits of $12 billion to $14 billion. Overall, gm said sales jumped 14.1% to 2.6 million vehicles for 2023, making it the company's best year since 2019. the automaker also grew its market share by 0.3% to 16.3% overall in the us. The automaker reported that net income in the first quarter rose 24.4% over the year ago period to $3 billion, on a 7.6% rise in revenue to $43 billion. adjusted earnings per share of $2.62 beat. Gm reported fourth quarter earnings per share (eps) of $1.24 on revenue of $42.98 billion, down from eps of $2.12 on revenue of $43.1 billion in the year ago quarter. for 2023, the company.
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