News Release Details

GM Reports Income of $2.3B and EBIT-Adj. of $3.0B

DETROIT General Motors Co. (NYSE: GM) today reported solid third-quarter earnings, driven by the performance of North America and significant progress on transformational cost initiatives, partially offset by the impact of the work stoppage in the U.S.

Third-quarter 2019 results:

  • EPS-diluted of $1.60 and EPS-diluted-adjusted of $1.72, reduced by $(0.52) from UAW strike impact, and $(0.15) from Lyft and PSA revaluations.
  • Income of $2.3 billion, and revenue of $35.5 billion.
  • GM North America EBIT-adjusted of $3.0 billion.
    • Net strike impact to GMNA EBIT-adj. was $(1.0) billion, including $0.3 billion of favorable timing items.
    • North America EBIT-adj. margin of 10.8 percent driven by full-size trucks and record crossover sales.
  • GM Financial EBT-adjusted of $0.7 billion.

Click here to download the full press release to see reconciliations of non-GAAP and GAAP measures, or visit the GM Investor Relations website.

Investor analyst conference call

GM Chairman and CEO Mary Barra and Chief Financial Officer Dhivya Suryadevara will host a conference call for investor analysts at 10 a.m. ET today to discuss third-quarter results. Introductory remarks will be followed by a question-and-answer session for analysts.

Journalists who wish to listen to the call may dial in using the following numbers:

United States:       1-888-808-8618

International:        +1-949-484-0645

Name of Call:        GM Earnings Call

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Tom Henderson
GM Finance Communications


Michael Heifler
GM Investor Relations