Tuesday, July 31, 2007

GM trounces estimates, shares surge

(Reuters) - Excluding such one-time items as charges related to Delphi's bankruptcy, the company said it earned $2.48 a share.




Analysts, on average, had been expecting adjusted earnings of $1.08 a share, according to Reuters Estimates. Forecasts on that basis had ranged from 50 cents per share to $1.64 per share.


Read more at Reuters.com Hot Stocks News

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