This was supposed to be the year when General Motors made a record $10 billion in profit, but the company will be hard pressed to avoid posting a loss when it announces its first-quarter earnings on Thursday. Analysts are expecting the auto giant to report earnings of $0.06 cents a share on $38.43 billion in revenues, which would represent a growth in sales of more than four percent. Investors will be looking to see how well GM performed outside of the big recall charges.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
