What to Watch for When General Motors Reports Earnings Next Week
Earnings season is about to roll into Detroit: General Motors (NYSE: GM) will report its second-quarter earnings result next Tuesday, July 25. Here's a look at what to expect.
Analysts polled by Thomson Reuters expect GM to report earnings of $1.69 a share on revenue of $41.23 billion. Both numbers are short of the $1.86 per share that GM earned (excluding special items) on $42.2 billion in revenue in the second quarter of 2016.
In June, CEO Mary Barra announced that GM had produced 130 self-driving Chevrolet Bolt EVs for its test fleet. Image source: General Motors.
Source: Fool.com
General Motors Corp Stock
€40.63
0.040%
Currently there is a rather positive sentiment for General Motors Corp with 37 Buy predictions and 7 Sell predictions.
With a target price of 48 € there is a slightly positive potential of 18.14% for General Motors Corp compared to the current price of 40.63 €.
