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General Motors is scheduled to release its third-quarter earnings before the market opens on Tuesday. Analysts are anticipating adjusted earnings per share of $2.43 and revenue of $44.59 billion. This represents a 1% increase in revenue compared to the same period last year, along with a 6.6% rise in adjusted earnings per share.

In the third quarter of 2023, GM reported revenue of $44.13 billion, net income attributable to stockholders of $3.06 billion, or $2.20 per share, and adjusted earnings before interest and taxes of $3.56 billion, or $2.28 per share.

The earnings report follows a recent GM investor day where the company indicated strong earnings performance expected to continue into the next year. Investors are particularly interested in GM’s plans for its Cruise autonomous vehicle unit, restructuring in China, and updates on electric vehicle sales and strategies.

Please check back for further updates on this developing news.

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