GM Financial generated 2018 full-year earnings before tax (EBT) of $1.9b, up 58.3% compared to 2017, on revenue of $14bn. The company has a market capitalization of $54.95 billion, a price-to-earnings ratio of 6.05, a P/E/G ratio of 0.73 and a beta of 1.26.
The stock is trading -12.67% away from its 52 week high of $45.00 and 28.6% far from the stock's low point over the past 52 weeks, which was $30.56.
While GM has been praised for reducing costs, lawmakers have been critical of General Motors for closing plants and laying off thousands of workers.
The largest U.S. auto maker in terms of sales said pretax profit excluding one-time factors for the October-to-December period was $2.8 billion, or $1.43 a share, surpassing the average analysts' estimate of $1.24 a share. The firm had revenue of $38.40 billion for the quarter, compared to analyst estimates of $36.31 billion. General Motors Company debt-to-equity ratio now stands at 2.69, while its quick ratio hovers at 0.80. Analysts expect that General Motors will post 6.3 EPS for the current year.
Canadian serial killer's sentencing moved to Friday
Officers then sought from the provincial Ministry of Transportation a list of 2003-2006 Dodge Caravans registered in Toronto. The man said he was laid down on a fur coat, one that appeared to be the same as in the photos McArthur took of his victims.
Whitaker: I Won't Testify Unless Dems Drop Subpoena Threat
He asked Whitaker to consult with the White House ahead of the hearing and tell the committee whether he would invoke privilege. Andy Biggs (R-Ariz.), who presented the amendment to add Rosenstein's name to the subpoena authorization.
Sounds Like JT Realmuto is FINALLY Going to Be Traded
Nothing wrong with taking a shot, but teams rarely overpay under any circumstances anymore, not in free agency, not in trades. Scheduled to make $5.9 million this season, Realmuto wouldn't preclude the Phils from signing Bryce Harper or Manny Machado.
The stronger-than-expected fourth-quarter profit, driven by strong US results, stood in contrast to the job cuts GM has begun to make in its salaried and hourly workforces.
TRADEMARK VIOLATION WARNING: "General Motors (GM) Shares Bought by Providence Capital Advisors LLC" was originally posted by Fairfield Current and is the sole property of of Fairfield Current. Investors of record on Friday, March 8th will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date of this dividend is Thursday, March 7th. To be more specific, the job cuts will affect staff in General Motors' information technology center located in Arizona, Texas, Michigan and Georgia.
Analysts are expecting average earnings estimates of $1.22 for the current quarter based on the opinion of 15 analysts, relating to high earnings per share estimates of $1.63 and low estimates of $1.07, however General Motors Company (NYSE:GM) reported $1.65 earnings per share for the same quarter past year. This means that Capital Research Management Co sold -1,136,000 shares in the last quarter and now controls 15,392,830 shares of the SQ stock, with the valuation hitting $863,383,835. Advisors Preferred LLC acquired a new position in shares of General Motors during the fourth quarter worth $31,000. MML Investors Services LLC increased its holdings in General Motors by 67.4% in the 3rd quarter.
China was a weak spot in the final three months of last year, however, with operating profit in the country falling by almost 40 per cent compared with a year earlier. General Motors makes up about 5.1% of Wilsey Asset Management Inc.'s portfolio, making the stock its 8th largest holding. After buying 275,166 shares in the last quarter, the firm now controls 7,193,288 shares of Square, Inc. which are valued at $403,471,524. Finally, First Hawaiian Bank lifted its stake in General Motors by 6.1% in the fourth quarter. Quadrant Capital Group LLC now owns 3,432 shares of the auto manufacturer's stock worth $101,000 after acquiring an additional 458 shares in the last quarter. The company operates through GM North America, GM International, and GM Financial segments. GM is cutting costs, reining in production and pushing sales of Cadillac to offset the declines at its mainstream brands, Buick and Chevrolet.