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via gurufocus.comBusiness & Companies

GM Unveils $20 Billion Buyback as Stock Drops

FROM THE WIRE · GURUFOCUS.COM

General Motors (GM) reported third-quarter adjusted earnings of $3.70 per share, just above the analysts' consensus of $3.69, on revenue of $50.0 billion, ahead

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe $20 billion buyback matters for GM shares, which are falling despite the capital return announcement.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01General Motors reported third-quarter adjusted earnings of $3.70 per share.
  2. 02The analysts' consensus was $3.69 per share.
  3. 03Revenue was $50.0 billion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
General Motors CompanyGMStock78.39 USD-5.27%today -5.27%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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