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GENERAL MOTORS CORPORATION (GM)
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General Motors : Shares Jump 6.1% Pre-Market After Guidance Raised

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01/11/2019 | 09:23am EST

Shares of General Motors Co. (GM) rose 6.1% to $36.85 in pre-market trade Friday after the company raised its outlook for 2018 and set guidance for 2019.

The automaker said its bottom line should grow in 2019 as it expects auto demand to remain resilient in its two biggest markets, China and the U.S.

GM said its 2018 pretax earnings per share, adjusted for one-time items, would exceed its previous estimate of $5.80 to $6.20, set last summer. The company reports fourth-quarter and full-year financial results Feb. 6.

Write to Mary de Wet at mary.dewet@wsj.com

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Financials ($)
Sales 2018 145 B
EBIT 2018 10 327 M
Net income 2018 8 284 M
Finance 2018 5 434 M
Yield 2018 4,06%
P/E ratio 2018 7,77
P/E ratio 2019 6,39
EV / Sales 2018 0,34x
EV / Sales 2019 0,34x
Capitalization 54 494 M
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Technical analysis trends GENERAL MOTORS CORPORATION
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 44,8 $
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
Mary Teresa Barra Chairman & Chief Executive Officer
Mark L. Reuss President
Dhivya Suryadevara Chief Financial Officer
Randall D. Mott Chief Information Officer & Senior Vice President
Patricia Fiorello Russo Independent Director
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