News Formal

GM reports earnings before the bell. Here's what to expect

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

General Motors is set to report its first-quarter earnings before the bell on Wednesday as the company grapples with the fallout from the coronavirus pandemic that's shuttered factories and devastated sales.

Wall Street is projecting earnings per share of 30 cents on revenue of $31.1 billion, based on Refinitiv consensus estimates. Comparing reported earnings to analyst estimates for GM's first quarter isn't straightforward, though, as the coronavirus pandemic continues to hit global economies and makes earnings impact difficult to assess.

Analysts and investors are watching to see how much cash GM burned in the quarter as well as any guidance for the second quarter and beyond regarding the strength of its balance sheet and restarting U.S. production,Of the Detroit automakers, GM was expected to be best positioned to weather a crisis such as the coronavirus pandemic. For years, the automaker has aggressively cut costs and exited unprofitable markets, including Europe, to fortify its balance sheet.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Disney is set to report earnings after the bell as the pandemic has disrupted its theme parks and cruise businessesThis is the first earnings report with Bob Chapek at the helm of Disney, after former CEO Bob Iger transitioned to executive chairman. Good! The 800 Godzilla dollaz from cartoons n shit wasn't enuff so they raised their prices. Fck em. Disney the pedophile ring!
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Disney Reports First Quarterly Earnings Since Pandemic BeganDisney estimates losses to be 'as much as $1.4 billion' as the coronavirus pandemic leaves the company’s theme parks, resorts and cruise ships shuttered. They'll be alright. good I am sure the government will bail them out
Herkunft: NPR - 🏆 96. / 63 Weiterlesen »

Stocks making the biggest moves after hours: Pinterest, Mattel, Virgin Galactic and moreCheck out the companies making headlines after the bell. How are prices as high as they are? Down ONLY 20% from all-time highs. MELI
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »