GM Posts Strong First Quarter, Raises Full-Year Guidance
by Carscoops
Carscoops— GM had a strong first quarter as year-over-year revenue rose by 8%. The impressive start pushed GM to raise their full-year guidance. While the company continues to ramp up electric vehicle production, they’re expecting a boost from new and updated ICE-powered vehicles such as the Equinox, Traverse, and Tahoe. General Motors has released their first-quarter results and it's good news for investors as the company reported revenues of $43 billion and $3 billion of net income attributable to...
Yahoo Finance—Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance. First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21%First quarter operating income of $233 million increased 26% year-over-yearFirst quarter net income of $112 million, an 8.2% margin, increased 56% year-over-yearFirst quarter adjusted EBITDA of $336 million, a 24.7% margin and the highest in over 15 years, increased 25% and 206 basis points year-over-yearCash provided by operating activities of $131 million, and adjusted free cash flow of...
Eli Lilly and Company—Lilly Reports First-Quarter 2024 Financial Results and Raises Full-Year Revenue Guidance by $2 Billion, Highlights Pipeline Momentum. The Investor Relations website contains information about Eli Lilly and Company's business for stockholders, potential investors, and financial analysts.
Yahoo Finance—3M First-Quarter Results Driven by Strong Operational Performance; Company Initiates Full-Year 2024 Guidance Reflecting Completion of Solventum Spin. 3M (NYSE: MMM) today reported first-quarter results and initiated its 2024 financial earnings outlook reflecting Solventum as a discontinued operation for the full-year, including Q1.