GM Q3 revenue $48.8B (+10.5% YoY), raises FY2024 EBIT-adjusted and FCF guidance

General Motors Co

2024-Q3 EPS reported $7.77 revenue$139,740,000,000

Q3 revenue $48.8B, net income $3.1B, EBIT-adjusted $4.1B (+15.5% YoY). EPS-diluted $2.68, adjusted $2.96.
North America EBIT-adjusted $3.98B (+12.9% YoY); GM International EBIT $42M (-88.2%), China equity loss $137M.
Raises FY2024 EBIT-adjusted guidance to $14-15B (from $13-15B), adjusted auto FCF to $12.5-13.5B (from $9.5-11.5B).
EPS-diluted-adjusted guidance raised to $10.00-10.50 from $9.50-10.50.
Automotive operating cash flow guidance raised to $22-24B from $19.2-22.2B.

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