the biggest U.S. automaker and No. 3 globally by sales, earned
$2.8 billion in the fourth quarter before interest, taxes and
one-time items, or $1.39 per share, excluding items. Wall Street
expected $1.21 per share, according to analysts polled by
Thomson Reuters I/B/E/S. Revenues were flat at $39.6 billion, it
said on Wednesday.
GM affirmed an earlier forecast that it will increase earnings
per share, excluding one-time items, to $5.25 to $5.75 this
year, from $5.02 a share in 2015.
(Reporting by Joe White and Bernie Woodall in Detroit; Editing
by Jeffrey Benkoe)
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