General Motors Company (NYSE: GM) is expected to release earnings results for its fourth quarter, before the opening bell on Jan. 30, 2024.
Analysts expect the company to report quarterly earnings at $1.16 per share, down from year-ago earnings of $2.12 per share. The company is projected to post revenue of $38.97 billion for the latest quarter, compared to $43.11 billion in the year-earlier quarter, according to data from Benzinga Pro.
GM’s luxury brand, Cadillac, is reportedly ramping up production of its Lyriq electric SUV given the better availability of batteries and strong demand for luxury EVs.
General Motors shares gained 0.6% to close at $35.39 on Monday.
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