General Motors reported fourth-quarter adjusted earnings of $1.24, beating estimates of $1.16. Revenue was $42.9 billion vs $38.67 billion expected. For the full-year 2023, revenue was up 10% to $171.84 billion, while net income was $10.13 billion, and adjusted EBIT was $12.36 billion. GM guided for 2024 adjusted EPS of $8.50-$9.50 and adjusted EBIT of $12 to 14 billion, largely beating estimates. China sales continued struggling with a 34% decline in equity income for 2023, including a 54% Q4 drop.
