- The carmaker reported earnings of $1.65 per share for the quarter, beating expectations.
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GM beats on earnings — stock moves higher (GM)
EPS for the quarter was $1.65 per share on $37.7 billion in revenue.
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General Motors reported fourth-quarter and full-year 2017 earnings on Tuesday and posted a substantial beat of analysts' expectations.
Adjusted earnings per share for the quarter came in at $1.65 on $37.7 billion of revenue.
Analysts had expected $1.42 per share.
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"Improvements in all operating segments and an intense focus on cost reductions generated a record quarter and another record year," CFO Chuck Stevens said in a statement. "We plan to build on this momentum in 2018 and beyond as we focus on growth opportunities across many parts of our business."
GM shares moved slightly higher in pre-market trading Tuesday, to $40.
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