{"id":106602,"date":"2021-02-10T12:23:25","date_gmt":"2021-02-10T12:23:25","guid":{"rendered":"https:\/\/fin2me.com\/?p=106602"},"modified":"2021-02-10T12:23:25","modified_gmt":"2021-02-10T12:23:25","slug":"general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/","title":{"rendered":"General Motors is set to report earnings before the bell. Here&#x27;s what Wall Street expects"},"content":{"rendered":"<ul>\n<li>General Motors is set to report its fourth-quarter earnings before the bell on Wednesday. <\/li>\n<li>The automaker reported pretax adjusted earnings of $5.3 billion, or $2.83 earnings per share, for the third quarter, while advising the fourth quarter would be weaker due to seasonality.<\/li>\n<li>GM&#x27;s shares are up by about 35% so far this year.<\/li>\n<\/ul>\n<p>General Motors is set to report its fourth-quarter earnings before the bell on Wednesday. Here&#x27;s what Wall Street is expecting, based on average analysts&#x27; estimates compiled by Refinitiv.<\/p>\n<ul>\n<li>Adjusted EPS: $1.64<\/li>\n<li>Revenue: $36.12 billion<\/li>\n<\/ul>\n<p>That would be in-line with unofficial guidance from the company. In November, John Stapleton, then-GM&#x27;s interim CFO, told Wall Street analysts that GM expected its pretax adjusted earnings would be around $8.5 billion and $9 billion for the second half of the year.<\/p>\n<p>The automaker reported pretax adjusted earnings of $5.3 billion, or $2.83 earnings per share, for the third quarter, while saying the fourth quarter would be weaker due to seasonality.<\/p>\n<p>GM reported an adjusted pretax profit of $105 million in the fourth quarter of 2019 due to a 40-day labor strike impacting vehicle production. Revenue was $30.8 billion during that quarter.<\/p>\n<p>Wall Street is also looking to CEO Mary Barra and other executives for insight into a number of other issues \u2013 from 2021 guidance and potential dividend reinstatement to updates on the company&#x27;s all-electric and autonomous vehicle plans.<\/p>\n<p>Wall Street analysts also will want to know how a global semiconductor chip shortage is expected to impact the automaker in 2021. GM&#x27;s crosstown rival, Ford Motor, last week said the shortage could lower its earnings by $1 billion to $2.5 billion this year.<\/p>\n<p>Barclays analyst Brian Johnson in a note to investors Monday said the firm expects GM to provide &quot;a cautious 2021 outlook&quot; due to the semiconductor chip shortage.<\/p>\n<p>GM&#x27;s shares are up by more than 30% so far this year, led by optimism regarding its all-electric vehicle plans and new technologies.<\/p>\n<p><strong>This story is developing. Please check back for updates.<\/strong><\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/02\/10\/general-motors-gm-earnings-q4-2020.html\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>General Motors is set to report its fourth-quarter earnings before the bell on Wednesday. The automaker reported pretax adjusted earnings of $5.3 billion, or $2.83 [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":106601,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>General Motors is set to report earnings before the bell. Here&#x27;s what Wall Street expects - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"General Motors is set to report earnings before the bell. Here&#x27;s what Wall Street expects - Fin2me\" \/>\n<meta property=\"og:description\" content=\"General Motors is set to report its fourth-quarter earnings before the bell on Wednesday. The automaker reported pretax adjusted earnings of $5.3 billion, or $2.83 [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-10T12:23:25+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/02\/cfntalkfoto106424520-1583341306047gmevbarra01.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/\",\"url\":\"https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/\",\"name\":\"General Motors is set to report earnings before the bell. Here&#x27;s what Wall Street expects - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2021-02-10T12:23:25+00:00\",\"dateModified\":\"2021-02-10T12:23:25+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/fin2me.com\/category\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"General Motors is set to report earnings before the bell. Here&#x27;s what Wall Street expects\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"General Motors is set to report earnings before the bell. Here&#x27;s what Wall Street expects - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/","og_locale":"en_US","og_type":"article","og_title":"General Motors is set to report earnings before the bell. Here&#x27;s what Wall Street expects - Fin2me","og_description":"General Motors is set to report its fourth-quarter earnings before the bell on Wednesday. The automaker reported pretax adjusted earnings of $5.3 billion, or $2.83 [...]","og_url":"https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/","og_site_name":"Fin2me","article_published_time":"2021-02-10T12:23:25+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/02\/cfntalkfoto106424520-1583341306047gmevbarra01.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/","url":"https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/","name":"General Motors is set to report earnings before the bell. Here&#x27;s what Wall Street expects - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2021-02-10T12:23:25+00:00","dateModified":"2021-02-10T12:23:25+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/business\/general-motors-is-set-to-report-earnings-before-the-bell-heres-what-wall-street-expects\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/fin2me.com\/category\/business\/"},{"@type":"ListItem","position":3,"name":"General Motors is set to report earnings before the bell. Here&#x27;s what Wall Street expects"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/106602"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=106602"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/106602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/106601"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=106602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=106602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=106602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}