secwatch.observer — SEC 8-K summary
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Issuer:     General Motors Co (GM)
CIK:        0001467858
Form:       8-K
Filed at:   2022-07-26T23:59:59+00:00
Accession:  0001467858-22-000091
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GM Q2 net income falls 40% YoY to $1.7B; maintains full-year guidance
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- Net income $1.69B, down from $2.84B YoY; diluted EPS $1.14 vs $1.90.
- Revenue $35.8B, up 4% YoY; EBIT-adjusted $2.34B vs $4.12B.
- GMNA EBIT-adjusted $2.30B (margin 8.0%, down 2.4pp); China equity income -$87M vs +$276M.
- Full-year guidance reaffirmed: net income $9.6-11.2B, EBIT-adjusted $13-15B.
- Adjusted automotive FCF $1.41B in Q2, down from $2.48B YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1467858/000146785822000091/0001467858-22-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1467858/000146785822000091/gm-20220726.htm
  HTML page:      https://secwatch.observer/filing/0001467858-22-000091

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