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Benzinga
28 days

General Motors Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. GM's Q2 earnings expected to drop to $2.48 per share. 2. Projected revenue for GM at $46 billion, a decrease from $47.97 billion. 3. GM has beaten revenue estimates for 12 consecutive quarters. 4. Multiple analysts maintaining ratings, with price targets ranging from $48 to $62. 5. GM shares fell 0.02% to $53.21 before earnings release.

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FAQ

Why Bearish?

Expectations of declining earnings and revenue can negatively impact investor sentiment, mirroring past trends where lower earnings led to stock price declines.

How important is it?

Significant earnings expectations directly correlate with stock performance; falling earnings expectations are crucial for investment decisions.

Why Short Term?

The upcoming earnings report will have an immediate impact on GM's stock price as it reflects current market conditions and investor expectations.

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