General Motors (NYSE:GM) reported first quarter earnings that Beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.41 on revenue of $34.9B. Analysts polled by expected EPS of $1.1 on revenue of $34.81B. That compared to EPS of $1.43 on revenue of $36.1B in the same period a year earlier. The company had reported EPS of $1.43 on revenue of $38.4B in the previous quarter.
General Motors shares lost 1.75% to trade at $39.31 in pre-market trade following the report.
General Motors follows other major Consumer Cyclical sector earnings this month
On Friday, Sony ADR reported fourth quarter EPS of $0.61 on revenue of $19.03B, compared to forecasts of EPS of $0.48 on revenue of $18.28B.
Illinois Tool Works earnings Beat analysts' expectations on Thursday, with first quarter EPS of $1.81 on revenue of $3.55B. analysts expected EPS of $1.8 on revenue of $3.63B
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