Investing.com – GM sailed past Q3 estimates as net income doubled; sales rose.
General Motors (NYSE:GM) Q3 net income up 104% yoy at $2.80 bn; sales up 10.3% at $42.80 bn.
Diluted EPS $1.76 vs estimate $1.45; year-earlier $0.84.
Vehicle sales up 3.8% yoy at 2.4 mn units on strong U.S., China performance.
GM shares were up 1.36% at $33.44 in pre-market trade.