Investing.com - General Motors (NYSE:GM) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
General Motors announced earnings per share of $1.52 on revenue of $26.78B. Analysts polled by Investing.com anticipated EPS of $0.8615 on revenue of $30.92B.
General Motors shares are up 37.78% from the beginning of the year and are trading at $59.24 , down-from-52-week-high.They are outperforming the S&P 500 which is up 21.8% from the start of the year.
General Motors shares gained 3.26% in pre-market trade the report.
General Motors follows other major Consumer Cyclical sector earnings this month
General Motors's report follows an earnings beat by Tesla on October 20, who reported EPS of $1.86 on revenue of $13.76B, compared to forecasts EPS of $1.62 on revenue of $14B.
PACCAR had missed expectations on Tuesday with third quarter EPS of $1.08 on revenue of $5.15B, compared to forecast for EPS of $1.21 on revenue of $4.85B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar