Detroit (AP) – Detroit (AP) – General Motors Company (GM) on Tuesday a loss of $ 2. 96 billion in its fourth quarter.
The Detroit -based company said it had a loss of $ 1. 64 according to the action. The gain, adjusted by non -recurring costs, $ 1. 92 consisting of the action.
The effects exceeded Wall Street expectations. The average estimate of six analysts interviewed through Zacks Investment Research involved a benefit of $ 1. 85 consisting of the action.
The car manufacturer registered a turnover of $ 47. 7 billion in the period. Its adjusted source of income was $ 47. 71 billion, which also exceeded the street forecasts. Five analysts interviewed through Zacks waited $ 44. 06 billion.
For the year, the company declared a benefit of $ 6,01 billion, or $ 6. 37 according to the share. Income indicated to 187. 48 billion dollars.
General Motors awaits the annual benefit of $ 10 to $ 10. 50 according to the action.
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This story was generated through automated ideas (http://automateninsights. com/ap) The knowledge of Zacks Investment Research. Access a Zack inventory report at GM at https://www. zacks. com/ap/gm