General Motors (GM) shares surged in intraday trading Tuesday after ꦬthe biggest U.S. automaker posted better-than-expected quarterly results and raised its guidance on powerful North American sales, driven by demand for gas-powered pickup trucks.

The company reported first-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $2.62, with revenue rising 7.6% to $43.01 billion. Both exceeded estimates.

Net income from its North American operations increased 7.4% to $3.84 billion. That helped offset a $10 million loss from its international business, which registered a $347 million profit a year ago. GM also took a $442 million loss from its Cruise autonomous vehicle unit after the company paused operations and slashed jobs 澳洲幸运5官方开奖结果体彩网:last year following an accident in San Francisco.

The market share for GM trucks went ▨to 31.1% from 29.8% a year earlier.

澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) Mary Barra said that in North America, GM delivered double-digit 澳洲幸运5官方开奖结果体彩网:profit margins, noting “pricing has been steady, and we gained retail market share with incentives much lower than the industry average.”

The company now predicts full-year adjusted profit of $12.5 billion to $14.5 billion, or $9.00 to $10.00 per share, up from its earlier outlook of $12.0 billion to $14.0 billion, or $8.50 to $9.50 per share. It also lifted its anticipated adjusted automotive 澳洲幸运5官方开奖结果体彩网:free cash flow🎉 to a range of $8.5 billion to $🦄10.5 billion from $8.0 billion to $10.0 billion.

Shares of General Motors were up about 4% to $44.99 as of 11:48 a.m. ET Tuesday.