General Motors (GM) topped its second quarter earnings expectations and lifted its full-year adjusted profit outlook for the second time in 2024. GM posted adjusted earnings per share of $3.06 (beating expected $2.70 per share) and revenue of $47.97 billion ($45.51 billion expected), a 7.2% jump from last year’s revenue.
At the time of this video’s posting, GM stock is down by over 6% Tuesday morning.
Yahoo Finance executive editor Brian Sozzi joins Morning Brief to recap his conversation with GM CFO Paul Jacobson and break down the automaker’s future in China.
#youtube #news #GM
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