The iconic GM logo adorns the exterior of the General Motors headquarters in Detroit as captured on March 16, 2021.
Photographed by Rebecca Cook, this image showcases the essence of the automotive giant.
Excitement is building as General Motors prepares to unveil its first-quarter financial results on Tuesday morning.
Anticipation is high on Wall Street, with analysts predicting robust performance for the company in the first quarter of this year.
Expectations are fueled by the belief that vehicle pricing has remained strong, exceeding initial projections.
According to insights from recent analyst reports, here is what the financial world is projecting:
Earnings per share: $2.15 adjustedRevenue: $41.92 billion
If these estimates hold true, it would signify a 4.7% revenue increase from the previous year, despite a 3% dip in adjusted earnings per share.
Comparatively, GM’s first-quarter 2023 results included $39.99 billion in revenue, $2.4 billion in net income attributable to stockholders, and $3.8 billion in adjusted earnings before interest and taxes.
Aside from the financial figures, investors are eagerly awaiting…
2024-04-22 23:01:01
Original post available at www.cnbc.com