General Motors’ Q1 Adjusted Earnings, Revenue Increase

General Motors (GM) reported Q1 adjusted earnings Tuesday of $2.62 per diluted share, up from $2.21 a year earlier.

Analysts polled by Capital IQ expected $2.12.

Revenue for the quarter ended March 31 was $43.01 billion compared with $39.99 billion a year earlier.

Analysts polled by Capital IQ expected $41.82 billion.

The company raised its full-year adjusted EPS outlook to between $9 and $10, from the previous range of $8.50 to $9.50. Analysts polled by Capital IQ expect $9.02.

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