GM second-quarter earnings up 157 percent
DETROIT — General Motors Co. today reported strong second-quarter net income to common stockholders of $2.9 billion, up 157 percent compared with $1.1 billion in the second quarter of 2015.
Earnings per share diluted was a strong $1.81, compared with $0.67 in the second quarter a year ago.
EPS diluted-adjusted was a record at $1.86, up 44 percent compared to $1.29 in the second quarter of 2015.
The company reported records for earnings before interest and tax adjusted of $3.9 billion, which compares with the $2.9 billion reported in the second quarter of 2015.
GM sold 2.4 million vehicles globally in the second quarter of 2016 to customers, about equal to the second quarter of 2015. Through June 30, the company sold 4.76 million vehicles globally.