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GM Shares Slide Post Q3 Results; Eyes ‘High-End’ Of Raised FY21 Adjusted EPS Outlook

GM Shares Slide Post Q3 Results; Eyes 'High-End' Of Raised FY21 Adjusted EPS Outlook

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General Motors (NYSE: GM) reported a third-quarter FY21 sales decline of 24.5% year-on-year, to $26.78 billion, beating the analyst consensus of $26.65 billion. Adjusted EBIT declined 44.7% to $2.9 billion, with the margin contracting 400 basis points to 10.9%.

...read full article on Benzinga

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