Consumer Discretionary

General Motors (NYSE:GM) Q2 Adjusted Earnings, Sales Increase

/ / Consumer Discretionary /

General Motors Company (NYSE:GM) reported Q2 adjusted diluted earnings  of $1.91 per share, up from $1.14 a year earlier. Analysts polled by Capital IQ expected $1.83 normalized. Revenue for the quarter that ended June 30 was $44.75 billion, up from $35.76 billion a year earlier. Analysts surveyed by Capital IQ expected $42.36 billion. The company said it now expects full-year 2023 adjusted diluted earnings of $7.15 to $8.15, versus its prior forecast of $6.35 to $7.35. Analysts surveyed by Capital IQ expect $7.06 normalized. The company projected revenue of more than $225 billion in 2025, equivalent to a compound annual growth rate of about 12%.

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Domino’s Pizza (NYSE:DPZ) Fiscal Q2 Earnings Rise, Revenue Falls

/ / Consumer Discretionary /

Domino’s Pizza (NYSE:DPZ) reported fiscal Q2 earnings  of $3.08 per diluted share, up from $2.82 a year earlier. Analysts polled by Capital IQ expected $3.07. Total revenue for the quarter ended June 18 was $1.02 billion, down from $1.07 billion a year ago. Analysts surveyed by Capital IQ expected $1.07 billion. Domino’s Pizza’s board maintained its quarterly dividend at $1.21 per share, payable on Sept. 29 to shareholders as of Sept. 15.

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