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Mar 31, 2022
GM Q1 2022 Earnings Report
GM's first-quarter earnings were driven by improved production and robust customer demand in North America.
Key Takeaways
General Motors reported first-quarter earnings with revenue of $35.979 billion and net income attributable to stockholders of $2.939 billion. The results were driven by improved production and robust customer demand in North America. The company reaffirms its full-year earnings guidance.
Revenue reached $35.979 billion.
Net income attributable to stockholders was $2.939 billion.
EPS-diluted was $1.35.
EPS-diluted-adjusted was $2.09.
Revenue by Segment
Forward Guidance
GM expects full-year 2022 net income in a range of $9.6 billion-$11.2 billion and is reaffirming its earnings guidance of EBIT-adjusted in a range of $13.0 billion-$15.0 billion.
Positive Outlook
- Full-year EPS-diluted of between $5.76 and $6.76
- Full-year EPS-diluted-adjusted of between $6.50 and $7.50
- Full-year net income of between $9.6 billion and $11.2 billion
- Full-year EBIT-adjusted of between $13.0 billion and $15.0 billion
Historical Earnings Impact
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Avg. Return Before/After Earnings
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