GM raises 2024 earnings guidance after easily topping Wall Street's third-quarter expectations

DETROIT — General Motors easily outperformed Wall Street’s third-quarter earnings expectations, leading the Detroit automaker in raising key guidance targets for 2024.Here’s how the company performed in the third quarter, compared with average estimates compiled by LSEG:Earnings per share: $2.96 adjusted vs. $2.43 expectedRevenue: $48.76 billion vs. $44.59 billion expectedThis marks the third time this year that GM has updated its guidance after beating Wall Street’s top- and bottom-line expectations, led by the automaker’s North American operations.GM is now forecasting full-year adjusted earnings before interest and taxes of between $14 billion and $15 billion, or $10 and $10.50 a share, up from between $13 billion and $15 billion, or $9.50 and $10.50. It also raised its adjusted automotive free cash flow forecast to between $12.5 billion and $13.5 billion, up from $9.5 billion and $11.5 billion.The automaker tightened its net income attributable to common stockholders, which…