GM boosts full-year guidance after strong Q1 beat; still sees 'variable profit' in EV unit by year end

Yahoo Finance— GM kept the earnings momentum going with strong first quarter results, resulting in the automaker upping its full-year guidance. GM also still sees "positive variable profit" in its EV business in the back half of 2024 as well.

Yahoo Finance—GM earnings top forecasts, company raises outlook and sees 'variable profit' in EV unit by year-end. GM results beat expectations as the automaker cited a "resilient" consumer driving sales and profits higher.

Yahoo Finance—Ford tops Q1 earnings expectations, sees full-year profit 'tracking to high-end' of guidance. Ford reported first quarter results after the bell that beat expectations on Wednesday, with its changing product game plan front and center along with its focus on gas and hybrid offerings.

Yahoo Finance—DraftKings (NASDAQ:DKNG) Beats Expectations in Strong Q1, Full-Year Sales Guidance Is Optimistic. Fantasy sports and betting company DraftKings (NASDAQ:DKNG) announced better-than-expected results in Q1 CY2024, with revenue up 52.7% year on year to $1.17 billion. The company's full-year revenue guidance of $4.9 billion at the midpoint also came in 1.7% above analysts' estimates. It made a non-GAAP profit of $0.03 per share, improving from its loss of $0.51 per share in the same quarter last year.