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via finance.yahoo.comBusiness & Companies

GM stock falls on narrowed guidance: Q3 earnings breakdown

FROM THE WIRE · FINANCE.YAHOO.COM

General Motors (GM) stock is falling after the company posted third quarter earnings results. The 8:30 Hosts Julie Hyman, Pras Subramanian, and Jake Conley take a closer look at the numbers. Video Transcript 00:00 Speaker A The revenue coming in at $50 billion, topping…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishGM narrowed its guidance and the stock falls, with revenue and earnings above expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Third-quarter revenue came in at $50 billion, above estimates.
  2. 02Adjusted EPS was $3.70, better than expected.
  3. 03Full-year adjusted EPS guidance was narrowed to $12.75-$13.75.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
General Motors CompanyGMStock78.70 USD+0.59%today -4.89%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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