General Motors is expected to report quarterly earnings before the bell on Tuesday.
Here’s what Wall Street expects:
- EPS: $1.38, according to Thomson Reuters
- Revenue: $36.55 billion, according to Thomson Reuters
Like its U.S. rival Ford, GM is focusing more of its attention on high-margin trucks and SUVs, and is funneling money into new technologies, such as autonomous vehicles. In January, the company said it is seeking federal approval for a self-driving car.
GM plans to spend more than $8 billion in capital expenditures in 2018, $1 billion of which it plans to spend on autonomous vehicles.
Shares of the company have risen more than 12 percent in the last year.
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