Filed under: Earnings/Financials,GM
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
GM forecasts flat profit in 2020 after a rough 2019 originally appeared on Autoblog on Wed, 5 Feb 2020 08:35:00 EST. Please see our terms for use of feeds.
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