GM Q3 2021 Earnings Report
Key Takeaways
General Motors reported third-quarter earnings with strong price and mix performance in North America, the benefit of the company’s recall cost recovery agreement with LG Electronics and the continued strong financial results at GM Financial. The company is on track to deliver full-year 2021 EBIT-adjusted earnings approaching the high end of its guidance range.
GM reported strong price and mix performance in North America.
The company benefited from its recall cost recovery agreement with LG Electronics.
GM Financial delivered continued strong financial results.
GM is on track to deliver full-year 2021 EBIT-adjusted earnings approaching the high end of its guidance range.
GM
GM
GM Revenue by Segment
Forward Guidance
GM expects to deliver full-year EPS-diluted of between $5.52 and $6.52, and EPS-diluted-adjusted of between $5.70 and $6.70. Full-year net income is expected to be between $8.1 billion and $9.6 billion, and EBIT-adjusted of between $11.5 billion and $13.5 billion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income