secwatch.observer — SEC 8-K summary
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Issuer:     General Motors Co (GM)
CIK:        0001467858
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001467858-22-000113
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GM posts record Q3 revenue $41.9B, net income $3.3B, reaffirms FY guidance
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- Q3 net income $3.3B ($2.25 diluted EPS) vs. $2.4B ($1.62) a year ago; EBIT-adjusted $4.3B ($2.25 adj. EPS).
- Record Q3 revenue $41.9B, up 56% YoY; GMNA EBIT-adjusted $3.9B (11.2% margin), GMI $334M.
- GM Financial EBT-adjusted $911M (down from $1.1B); China equity income $330M, up from $270M.
- Full-year EBIT-adjusted guidance reaffirmed at $13-15B; adj. automotive free cash flow $7-9B.
- Cruise segment EBIT-adjusted loss $497M in Q3, compared to $286M loss in prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1467858/000146785822000113/0001467858-22-000113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1467858/000146785822000113/gm-20221025.htm
  HTML page:      https://secwatch.observer/filing/0001467858-22-000113

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