General Motors to report earnings before the bell

FAN Editor

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.

This is breaking news. Please check back for updates.

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