Are Trump Tariffs Already Hurting General Motors Earnings?GM Is Too Diplomatic To Assess Blame [Forbes]
General Motors Company (GM)
Last general motors company earnings: 2/5 08:05 am
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Source: Forbes
Doron Levin Contributor i Jul 25, 2018, 10:52am #ChangeTheWorld ANKARA, TURKEY - JULY 25 : Logo of General Motors is seen in Ankara, Turkey on July 25, 2018. (Photo by Aytac Unal/Anadolu Agency/Getty Images) Rising commodity prices, especially for steel and aluminum, and currency fluctuations in South America hurt General Motors Co. second-quarter earnings, which were down 3% from the same period a year ago. With expectations that “headwinds” will continue, the No. 1 U.S. automaker lowered earnings guidance to investors for its full-year 2018 results. Under GM’s new forecast for all of 2018, earnings-per-share on a diluted basis will be about $5.14, diluted earnings per share on an adjusted basis will be about $6, down from a range of $6.30 to $6.60. Operating cash flow from automotive operations will be about $11.5 billion. Automotive free cash flow on an adjusted basis will be about $4
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- 4/23/24 - Beat
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Sec Filings
- 4/25/24 - Form PX14A6G
- 4/24/24 - Form ARS
- 4/24/24 - Form DEFA14A
- GM's page on the SEC website