General Motors Lifts Profit Forecast After Strong Earnings


General Motors lifts profit forecast after strong earnings

NEW YORK, (APP - UrduPoint / Pakistan Point News - 21th july, 2016) : General Motors lifted its 2016 profit forecast Thursday following strong second-quarter earnings that included its first quarterly operating profit in Europe in five years. The biggest US automaker now expects 2016 earnings of $5.50 to $6.00 a share, up from the prior range of $5.25 to $5.75 a share.

Earnings in 2015 were $5.02 a share.