Investing.com - U.S. automaker General Motors reported better-than-expected third quarter earnings, it announced early Wednesday, sending its shares higher in pre-market trade.
Earlier in the day, in its third quarter earnings report, General Motors said adjusted earnings per share came in at USD0.96, beating expectations for earnings of USD0.94 per share.
The automaker’s third quarter revenue totaled USD38.98 billion, below forecasts for revenue of USD39.38 billion.
"We made gains in the third quarter as we improved our North American margins and increased our global share on the strength of our Chevrolet brand," said Dan Akerson, GM chairman and CEO in a press release.
Following the release of the report, GM shares rose 2.3% 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 third quarter earnings report, General Motors said adjusted earnings per share came in at USD0.96, beating expectations for earnings of USD0.94 per share.
The automaker’s third quarter revenue totaled USD38.98 billion, below forecasts for revenue of USD39.38 billion.
"We made gains in the third quarter as we improved our North American margins and increased our global share on the strength of our Chevrolet brand," said Dan Akerson, GM chairman and CEO in a press release.
Following the release of the report, GM shares rose 2.3% 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.