News Formal

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

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

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

If GM's third quarter was anything like its crosstown rivals, the automaker should outperform expectations.

Both Ford Motor and Fiat Chrysler beat Wall Street's expectations on better-than-expected demand for trucks and SUVs in North AmericaBill Pugliano | Getty Images

is set to report its third-quarter earnings before the bell on Thursday. Here's what Wall Street is expecting, based on average analysts' estimates compiled by Refinitive.Former CFO Dhivya Suryadevara told investors in July that the automaker expected the third quarter to be "slightly stronger" than the fourth quarter.

Cox Automotive estimated the U.S. sales pace at 15.3 million in the third quarter, which should allow GM to outperform those projections.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Record earnings during a pandemic!!! Hell yeah, y’all! Bonuses for the higher ups and no healthcare for the the others. AWESOME

good

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker