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General Motors (GM) topped its second quarter earnings expectations and lifted its full-year adjusted profit outlook for the second time in 2024. GM posted adjusted earnings per share of $3.06 (beating expected $2.70 per share) and revenue of $47.97 billion ($45.51 billion expected), a 7.2% jump from last year's revenue.
At the time of this video's posting, GM stock is down by over 6% Tuesday morning.
Yahoo Finance executive editor Brian Sozzi joins Morning Brief to recap his conversation with GM CFO Paul Jacobson and break down the automaker's future in China.
Read more about GM's second quarter earnings here.
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
This post was written by Melanie Riehl