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DETROIT (AP) — DETROIT (AP) — General Motors Company (GM) on Tuesday reported first-quarter profit of $2.78 billion.
The Detroit-based company said it had net income of $3.35 per share. Earnings, adjusted for non-recurring gains and pretax gains, came to $2.78 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.69 per share.
The an automotive manufacturer posted revenue of $44.02 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $42.5 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GM at https://www.zacks.com/ap/GM