General Motors Company Earnings Preview

General Motors Company GM releases its next round of earnings this Wednesday, November 9, 2011. Here is Benzinga's everything-that-matters guide for this Wednesday's third quarter earnings announcement.

Earnings and Revenue:

Based on estimates, investors are readying for a positive EPS reading of 99 cents/share and revenues of $36.66 billion.

Stock Performance:

At last check, shares of General Motors Company were trading at $24.03. Since January 1st, shares have declined 34.8%. For a full 12 months, the return has declined by 25.3%. 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 is a Moderate Buy. The strength of this rating has declined slightly over the past three months.

Competitors:

Wondering how General Motors Company compares to rivals in the same sector? Here are a few of the company's peers.
  • Ford Motor Company F: Moderate Buy with a $0.46 recent quarter EPS
  • Federal Signal FSS: Hold with a $0.03 recent quarter EPS
  • Honda Motor HMC: Strong Buy with a $0.44 recent quarter EPS
  • Daimler (DDAIF): Moderate Buy with a $1.69 recent quarter EPS

The domestic automobiles company's industry has seen price/earnings growth of 0.6% during the current fiscal year.

Finally, a description of the company's main areas of operation: General Motors develops, produces and markets cars, trucks and parts worldwide.

Take Action:

Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

  • To see up-to-date news on General Motors Company, click here
  • To see other trading ideas, click here
  • To see other company earnings recaps, click here
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