GM Reports Income of $2.4B and EBIT-Adj. of $3.0B

DETROIT — General Motors Co. today reported solid second-quarter earnings, driven by the performance of North America and significant progress on transformational cost initiatives. Strong North America EBIT-adj. margin of 10.7 percent was driven by the successful rollout of full-size light-duty pickup trucks.

Second-quarter 2019 results:

• EPS-diluted of $1.66 and EPS-diluted-adjusted of $1.64, includes $(0.01) from Lyft and PSA revaluations.
• Income of $2.4 billion, up 1.6% year over year.
• Revenue of $36.1 billion.
• GM North America EBIT-adjusted of $3.0 billion.
• GM Financial EBT-adjusted of $0.5 billion.

Click here to download the full press release to see reconciliations of non-GAAP and GAAP measures, or visit the GM Investor Relations website.