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FenwickHockey65 · 10-25-2016, 08:27 AM

GM Reports Record Third-Quarter Net Income of $2.8 Billion, Up 104 Percent
General Motors

October 25, 2016

DETROIT – General Motors Co. (NYSE: GM) today announced record third-quarter earnings and revenue driven by robust retail sales in the United States, strong performance in China, growth in wholesale volume and effective cost performance.

Records:

Net revenue of $42.8 billion, up 10.3 percent
ROIC-adjusted of 30.6 percent, up 4.6 points

Third-quarter records:

Net Income of $2.8 billion, up 104 percent
EBIT-adjusted of $3.5 billion, up 14.4 percent
EBIT-adjusted margin of 8.3 percent
EPS diluted of $1.76, up 110 percent
EPS diluted-adjusted of $1.72, up 14.7 percent
North America EBIT-adjusted of $3.5 billion
Adjusted automotive free-cash-flow of $3.5 billion, up $2.7 billion

10-25-2016, 08:27 AM	#1
FenwickHockey65 General Motors Aficionado Drives: 2023 GMC Canyon, 2023 Expedition Join Date: Aug 2008 Location: Florida Posts: 37,375 View My Garage	GM Reports Q3 2016 Income Up 104%, $2.8 Billion GM Reports Record Third-Quarter Net Income of $2.8 Billion, Up 104 Percent General Motors October 25, 2016 DETROIT – General Motors Co. (NYSE: GM) today announced record third-quarter earnings and revenue driven by robust retail sales in the United States, strong performance in China, growth in wholesale volume and effective cost performance. Records: Net revenue of $42.8 billion, up 10.3 percent ROIC-adjusted of 30.6 percent, up 4.6 points Third-quarter records: Net Income of $2.8 billion, up 104 percent EBIT-adjusted of $3.5 billion, up 14.4 percent EBIT-adjusted margin of 8.3 percent EPS diluted of $1.76, up 110 percent EPS diluted-adjusted of $1.72, up 14.7 percent North America EBIT-adjusted of $3.5 billion Adjusted automotive free-cash-flow of $3.5 billion, up $2.7 billion __________________ 2023 GMC Canyon Elevation 2023 Ford Expedition SSV (State-Issued)