adjusted earnings per share of $0.52 on revenue of $25.18 billion, compared with Wall Street estimates of $0.60 a share and $25.4B, respectively.
The bottom line was boosted by a rise in automotive sales to $20.02B from $19.63B a year earlier and stronger margins. Gross margins excluding credits, a closely watched metric, rose to 17.05% in Q3 from 14.7% in the prior quarter.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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