General Motors is set to report earnings before the bell. Here’s what Wall Street expects
-General Motors is set to report earnings around 6:30 a.m. Tuesday.
-GM’s earnings conference call is scheduled for 8:30 a.m.
-GM’s earnings conference call is scheduled for 8:30 a.m.
Here’s what Wall Street is expecting:
-Adjusted earnings per share: $1.88
-Revenue: $42.22 billion
The auto industry’s earnings and forecasts are being closely watched by investors for any signs that consumer demand could be weakening amid rising interest rates and looming recession fears.
GM also forecast full-year net automotive cash of between $16 billion and $19 billion and guided to adjusted automotive free cash flow in the range of $7 billion to $9 billion.
-Adjusted earnings per share: $1.88
-Revenue: $42.22 billion
The auto industry’s earnings and forecasts are being closely watched by investors for any signs that consumer demand could be weakening amid rising interest rates and looming recession fears.
GM also forecast full-year net automotive cash of between $16 billion and $19 billion and guided to adjusted automotive free cash flow in the range of $7 billion to $9 billion.
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