GM Beats on the Top and Bottom Lines in Fourth Quarter

GM posted fourth-quarter earnings that outpaced Wall Street estimates.
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General Motors' (GM) - Get Report earnings for the three months ended in December were $1.28 a share, down 7.9% from last year but ahead of analysts' estimates of $1.14. Revenue for the period was $43.9 billion, well ahead of the $42.2 billion forecast. GM said it expects full-year 2017 earnings of between $6 and $6.50 a share and higher revenue generation than in 2016.