General Motors Co.’s first-quarter net income of $1.95 billion more than doubled from a year ago and strongly exceeded analyst expectations, as the automaker Thursday reported it broke even in Europe and had improved results in all its regions.
The automaker’s earnings of $1.24 per share in the quarter, or a first quarter record $1.26 a share when adjusted for special items related to ignition switch litigation expenses, eclipsed analyst predictions that GM would earn $1 a share on flat revenue in the January-March period.
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