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02-05-2020, 06:19 AM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),GM (https://www.autoblog.com/category/gm/)
https://o.aolcdn.com/images/dims3/GLOB/crop/2314x1302+443+735/resize/800x450!/format/jpg/quality/85/https://s.aolcdn.com/os/ab/_cms/2020/02/05083337/GM-logo.jpg.jpg General Motors Co on Wednesday forecast flat profits for 2020 and reported a better than expected fourth quarter result as it kicked off a new effort to win over investors stampeding into shares of electric car rival Tesla Inc . GM said it expects earnings per share for 2020 in a range from $5.75 to $6.25, excluding one time items, taxes and interest. Analysts are expecting GM to earn $6.23 this year on a comparable basis, according to IBES data from Refinitiv.Continue reading GM forecasts flat profit in 2020 after a rough 2019 (https://www.autoblog.com/2020/02/05/gm-profit-forecast-fourth-quarter-results/)
GM forecasts flat profit in 2020 after a rough 2019 (https://www.autoblog.com/2020/02/05/gm-profit-forecast-fourth-quarter-results/) originally appeared on Autoblog (https://www.autoblog.com) on Wed, 5 Feb 2020 08:35:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/02/05/gm-profit-forecast-fourth-quarter-results/) | Email this (https://www.autoblog.com/forward/2206198/) | Comments (https://www.autoblog.com/2020/02/05/gm-profit-forecast-fourth-quarter-results/#comments)
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https://o.aolcdn.com/images/dims3/GLOB/crop/2314x1302+443+735/resize/800x450!/format/jpg/quality/85/https://s.aolcdn.com/os/ab/_cms/2020/02/05083337/GM-logo.jpg.jpg General Motors Co on Wednesday forecast flat profits for 2020 and reported a better than expected fourth quarter result as it kicked off a new effort to win over investors stampeding into shares of electric car rival Tesla Inc . GM said it expects earnings per share for 2020 in a range from $5.75 to $6.25, excluding one time items, taxes and interest. Analysts are expecting GM to earn $6.23 this year on a comparable basis, according to IBES data from Refinitiv.Continue reading GM forecasts flat profit in 2020 after a rough 2019 (https://www.autoblog.com/2020/02/05/gm-profit-forecast-fourth-quarter-results/)
GM forecasts flat profit in 2020 after a rough 2019 (https://www.autoblog.com/2020/02/05/gm-profit-forecast-fourth-quarter-results/) originally appeared on Autoblog (https://www.autoblog.com) on Wed, 5 Feb 2020 08:35:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/02/05/gm-profit-forecast-fourth-quarter-results/) | Email this (https://www.autoblog.com/forward/2206198/) | Comments (https://www.autoblog.com/2020/02/05/gm-profit-forecast-fourth-quarter-results/#comments)
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