General Motors Headquarters inside the Renaissance Center in Detroit on April 15, 2024.
Jeff Kowalski | Bloomberg | Getty Images
Detroit- General Motors The company is scheduled to report third-quarter earnings before the bell on Tuesday.
Wall Street expected the following, according to an average estimate compiled by London Stock Exchange Group (LSEG):
- Earnings per share: Adjusted $2.43
- income: $44.59 billion
These results will mark revenue growth of 1% from the year-earlier period and adjusted earnings per share growth of 6.6%.
General Motors Third quarter of 2023 Revenue was US$44.13 billion, net profit attributable to shareholders was US$3.06 billion, or US$2.20 per share, and adjusted EBIT was US$3.56 billion, or US$2.28 per share.
Quarterly results released only two weeks ago After GM Investor Day In it, the company said its earnings strength was expected to continue into next year.
Unresolved topics of investor interest earlier this month included General Motors’ financing plans for its troubled Cruise self-driving car unit. China restructuring and any updates on its near-term electric vehicle sales and plans.
This is developing news. Please check back for additional updates.