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Benzinga
Benzinga
Business
Wayne Duggan

4 General Motors Analysts React To Q2 Earnings Miss, Ongoing Supply Chain Challenges

General Motors Company (NYSE:GM) shares rebounded by 2% on Wednesday after the company reported disappointing second-quarter numbers as it struggles with parts shortages.

On Tuesday, GM reported adjusted second-quarter EPS of $1.14, missing consensus analyst estimates of $1.20. GM reported second-quarter revenue of $35.76 billion, beating analyst expectations of $33.58 billion. Revenue was up 4.6% from a year ago.

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