[ad_1]
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.
[ad_2]
SOURCE
Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.
