Gm releases 2024 second-quarter results and raises full-year guidance

Detroit , july 23, 2024 /prnewswire/ -- general motors co. (nyse: gm) today reported second-quarter 2024 revenue of $48.0 billion, net income attributable to stockholders of $2.9 billion and ebit-adjusted of $4.4 billion. gm is also updating its 2024 full-year earnings guidance for the second consecutive quarter: updated 2024 guidance previous 2024 guidance net income attributable to stockholders $10.0 billion - $11.4 billion $10.1 billion - $11.5 billion ebit-adjusted $13.0 billion - $15.0 billion $12.5 billion - $14.5 billion automotive operating cash flow $19.2 billion - $22.2 billion $18.3 billion - $21.3 billion adjusted automotive free cash flow $9.5 billion - $11.5 billion $8.5 billion - $10.5 billion eps-diluted $8.93 - $9.93 $8.94 - $9.94 eps-diluted-adjusted $9.50 - $10.50 $9.00 - $10.00 gm's 2024 financial guidance includes anticipated capital spending of $10.5 billion - $11.5 billion, inclusive of investments in the company's battery cell manufacturing joint ventures.
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