Investing.com - U.S. automaker General Motors reported better-than-expected first-quarter earnings, it announced early Thursday, sending its shares higher in pre-market trade.
Earlier in the day, in its first quarter earnings report, General Motors said adjusted earnings per share came in at USD0.67, blowing past expectations for earnings of USD0.54 per share.
The firm’s first quarter revenue totaled USD36.9 billion, beating expectations for revenue of USD36.63 billion.
Following the release of the report, GM shares jumped 3% in pre-market trade.
Meanwhile, the outlook for U.S. equity markets was higher. The Dow Jones Industrial Average futures pointed to a gain of 0.3% at the open, S&P 500 futures added 0.3%, while the Nasdaq 100 futures indicated a gain of 0.3% at the open.
Earlier in the day, in its first quarter earnings report, General Motors said adjusted earnings per share came in at USD0.67, blowing past expectations for earnings of USD0.54 per share.
The firm’s first quarter revenue totaled USD36.9 billion, beating expectations for revenue of USD36.63 billion.
Following the release of the report, GM shares jumped 3% in pre-market trade.
Meanwhile, the outlook for U.S. equity markets was higher. The Dow Jones Industrial Average futures pointed to a gain of 0.3% at the open, S&P 500 futures added 0.3%, while the Nasdaq 100 futures indicated a gain of 0.3% at the open.