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GM reports Q1 profit of $2.9 billion, affirms full-year outlook -Breaking

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© Reuters. FILE PHOTO : A new GM logo can be seen on the Detroit General Motors headquarters, Michigan, U.S.A, March 16, 2021. REUTERS/Rebecca Cook

(Reuters] – General Motors Co. (NYSE) announced Tuesday that the company earned $2.9 Billion in its first quarter, compared to analyst estimates of $2.45B. The company expects to earn $9.6 Billion to $11.2 Billion for full-year income.

GM has reaffirmed its expectations for an adjusted EBIT between $13.0 and $15.0 billion.

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