GM raises 2024 earnings guidance after easily topping Wall Street’s third-quarter expectations
GM CFO Paul Jacobson warned earnings will be lower during the fourth quarter, citing timing of truck production, seasonality, lower wholesale volumes and vehicle mix, including selling more electric vehicles. ... some of the company’s third-quarter outperformance was assisted by the automaker pulling ahead some truck production from the fourth quarter ...
It's not just the government which borrows from the future.
