"Demand Remains Strong": GM Beats Expectations, Lifts Guidance For Second Time
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Source: Zero Hedge
Published: 2026-07-21 22:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Financial Markets, Business & Economy
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Snippet:
GM beat Wall Street's second-quarter expectations on Tuesday, posting adjusted earnings of $3.57 per share on $48.03 billion in revenue as profitability improved despite softer vehicle sales. Adjusted EBIT reached $3.94 billion, up from $3.0 billion a year earlier, helped by lower tariff-related costs and stronger operating performance, according to Yahoo Finance.
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