General Motors Company GM releases its next round of earnings this Thursday, August 4, 2011. Here's Benzinga's advanced look at General Motors' second quarter earnings report.
Earnings and Revenue:
Analysts are predicting an EPS reading of $1.21/share and revenues of $36.71 billion.
Stock Performance:
At last check, shares of General Motors were trading at $27.68. Since January 1st, shares of General Motors have declined 24.9%. For a full 12 months, the return has declined by 20%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
- Long-term shareholders are already wary of 12-month losses prior to the announcement
Average Stock Rating:
The average rating by analysts for General Motors is a Moderate Buy. The strength of this rating has declined slightly over the past three months.
Competitors:
Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of General Motors' peers.
- Ford Motor Company F: Moderate Buy with a $0.65 recent quarter EPS
- Federal Signal FSS: Hold with a -$0.06 recent quarter EPS
- Honda Motor Co., Ltd. (ADR HMC: Moderate Buy with a $0.30 recent quarter EPS
- Daimler (DDAIF): Strong Buy with a $2.19 recent quarter EPS
General Motors is in the domestic automobiles industry, which has experienced price/earnings growth of 0.8%.
FInally, a description of the company's main areas of operation: General Motors is a global automaker producing cars and trucks under a variety of brand names, including Buick and Chevrolet.
Take Action:
That's your advanced look at General Motors' upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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