gm earnings

GM Profits Beat Estimates as Favorable Signs Appear

General Motors on Wednesday reported a third-quarter profit that exceeded analyst expectations by a wide margin. GM's profit was less than it turned in a year ago, with earnings hurt by ongoing losses in Europe. But elsewhere, its business is showing strong signs for the future.

General Motors Is Making Profitable Progress in U.S., China

Thanks to strong new products, hard work, and the American taxpayer, GM continued its profitable ways in the first quarter. The world's largest automaker reported a profit of $1 billion on the strength of its operations in the U.S. and China.

GM Profit More Than Triples on Strong Sales

The U.S. automaters's first-quarter net income totaled raced to $1.77 per share -- one of its best performances since the SUV boom in the early 2000s. It was GM's fifth straight quarterly profit since late 2009, the year it emerged from bankruptcy.

Will GM Post Its First Annual Profit Since 2004?

Or will it disappoint? Investors -- and taxpayers -- will be watching on Thursday, when GM is posts its latest earnings. Despite analyst expectations of a full-year profit, the automaker has warned that fourth-quarter results will fall "significantly" from previous periods.

General Motors Posts a $1.3 Billion Profit

General Motors on Thursday reported net earnings of $1.3 billion in the second quarter on revenue of $33.2 billion, as the resurgent automaker continues to make strides following last year's descent into bankruptcy. On a per-share basis, the Detroit auto giant said it earned $2.55, in the three months ending June.

GM Looks Set to Report Another Profit

Three months after turning profitable since its bankruptcy, GM CEO Ed Whitacre is expected to report it made even bigger profits -- perhaps in excess of $1 billion -- during the second quarter when it releases its latest results on Thursday.