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Mar 31, 2021
GM Q1 2021 Earnings Report
GM reported strong first-quarter earnings driven by North America, GM Financial, and China's industry recovery.
Key Takeaways
General Motors reported a strong first quarter with revenue of $32.5 billion and net income of $3.0 billion. The company is confident in its full-year guidance, expecting to be at the higher end of the EBIT-adjusted range.
Revenue reached $32.5 billion.
Net income was $3.0 billion, with an EBIT-adjusted of $4.4 billion.
EPS-diluted was $2.03, and EPS-diluted-adjusted was $2.25.
GM North America EBIT-adjusted was $3.1 billion.
GM
GM
GM Revenue by Segment
Forward Guidance
GM expects to be at the higher-end of the EBIT-adjusted range for the full year 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income