secwatch.observer — SEC 8-K summary
======================================

Issuer:     General Motors Co (GM)
CIK:        0001467858
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0001467858-24-000100
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GM Q2 revenue $48B, net income $2.9B; raises full-year EBIT guidance to $13-15B
-------------------------------------------------------------------------------

- Q2 revenue $47.97B (+7.2% YoY); net income $2.93B (+14.3%); EBIT-adjusted $4.44B (+37.2%).
- Diluted EPS-adjusted $3.06 vs $1.91 YoY, up 60.2%.
- GM North America EBIT-adjusted $4.43B (10.9% margin); China equity loss -$104M vs income $78M YoY.
- Full-year guidance raised: EBIT-adjusted $13B-15B (prev. $12.5-14.5B), adj. auto FCF $9.5-11.5B.
- Capital spending forecast $10.5-11.5B including battery JV investments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1467858/000146785824000100/0001467858-24-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1467858/000146785824000100/gm-20240723.htm
  HTML page:      https://secwatch.observer/filing/0001467858-24-000100

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer