General Motors is set to report earnings before the bell. Here's what Wall Street expects

Goldman Sachs said it anticipates GM's forecast to be below consensus, "driven by price and mix as well as lower financial services profits." The automaker is expected to guide toward a roughly 20% decline in adjusted earnings per share for the full year 2023, according to Refinitiv estimates.

Automakers have posted record results in recent years amid a tight supply of new vehicles and resilient consumer demand. They've counted on sustainedBut that scenario is slowly normalizing, leaving new vehicleDuring the fourth quarter of 2021, GM reported an adjusted EPS of $1.35 and revenue of $33.58 billion, topping Wall Street's EPS estimate of $1.19 per share but falling short of the estimate of $34.01 billion in revenue, according to Refinitiv.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Why Wall Street analysts are still optimistic about Southwest - Dallas Business JournalSouthwest reported a $220 million loss for the fourth quarter and expects to take another loss in the first quarter as a result of its operations meltdown in December.
Fuente: DallasBizNews - 🏆 525. / 51 Leer más »

These stocks reporting earnings this week usually top Wall Street estimates and rallyThere are plenty of stocks with a solid track record of beating earnings expectations and rising on results. Here are few on tap for next week. CNBC your station for rallies and pivots where all news is good news tune in for the truth. 🤣 No article - Advertisement to buy pro news subscription Twitter
Fuente: CNBC - 🏆 12. / 72 Leer más »

Top Wall Street analysts like these stocks for maximum returnsTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Meta and Alphabet
Fuente: CNBC - 🏆 12. / 72 Leer más »