General Motors stock price soar by 6% post declaring Dec-2023 ending quarter results

General Motors stock price soar by 6% post declaring Dec-2023 ending quarter results.

General Motors Co. reported fourth-quarter 2023 revenue of $43.0 billion, net income attributable to stockholders of $2.1 billion and EBIT-adjusted of $1.8 billion

GM reported full-year 2023 revenue of $171.8 billion, net income attributable to stockholders of $10.1 billion.

Mainly their guidance for 2024 is strong.

EPS of 2023 is 7.68 USD and for 2024 they are estimating it to be between 8.5 USD and 9.5 USD.