Benzinga
Published Jan 30, 2024 06:56
Updated Jan 30, 2024 08:10
General Motors Gears Up For Q4 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga - by Avi Kapoor, Benzinga Staff Writer.
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.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
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Latest Ratings for GM
Mar 2022 | Benchmark | Maintains | Buy | |
Feb 2022 | Nomura Instinet | Downgrades | Buy | Neutral |
Feb 2022 | Morgan Stanley | Downgrades | Overweight | Equal-Weight |
View the Latest Analyst Ratings
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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