Why GM Stock Is Soaring After Reporting Third-Quarter Earnings Despite EV Woes
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📅 Published: 2025-10-21 13:38
📰 Source: Yahoo
📝 Words: 50
📝 Article Content
General Motors surged at Tuesday's stock market open after the auto giant handily topped third-quarter earnings and revenue views, while raising guidance and reducing its expected tariff impact for 2025. GM announced early Tuesday that Q3 EPS fell 5% to $2.80 while revenue declined less than 1% to $48.59 billion.
📄 Summary
General Motors surged at Tuesday's stock market open after the auto giant handily topped third-quarter earnings and revenue views, while raising guidance and reducing its expected tariff impact for 2025. GM announced early Tuesday that Q3 EPS fell 5% to $2.80 while revenue declined less than 1% to $48.59 billion.
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