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General Motors announces 31% advance in Q1 bottom line

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Staff Writer | April 28, 2017
General Motors Company reported a profit for its first quarter that advanced compared to the same period last year.
General Motors
General Motors   Bottom line climbed to $2.61 billion
The company said its bottom line climbed to $2.61 billion, or $1.70 per share. This was up from $1.99 billion, or $1.26 per share, in last year's first quarter.

POST forecast was EPS $1.45 and revenue $42.02 billion.

The company said revenue for the quarter rose 10.5% to $41.2 billion. This was up from $37.27 billion last year.

General Motors Company earnings at a glance:

- Earnings (Q1): $2.61 Bln. vs. $1.99 Bln. last year.
- Earnings Growth (Y-o-Y): 31.2%
- EPS (Q1): $1.70 vs. $1.26 last year.
- EPS Growth (Y-o-Y): 34.9%
- Revenue (Q1): $41.2 Bln vs. $37.27 Bln last year.
- Revenue Change (Y-o-Y): 10.5%.

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