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GM Stock Higher on Q3 Beat

NEW YORK (TheStreet) -- Shares of General Motors (GM) were advancing in pre-market trading on Tuesday after reporting better-than-expected financial results for the 2016 third quarter.

Before the market open, the Detroit-based automaker reported adjusted earnings of $1.72 per share, topping analysts' estimates of $1.45 per share.

Revenue rose 10.3% year-over-year to $42.8 billion and beat analysts' projections of $39.4 billion.

During the period, the company said it sold 2.4 million vehicles globally...


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