General Motors, GM Profit and Tariff Hit
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General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
US stocks closed mixed Tuesday, but the benchmark S&P 500 (^GSPC) was able to eke out a new record as Wall Street digested a new batch of earnings, including a tariff warning from General Motors (GM),
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TipRanks on MSNGM Earnings: General Motors Stock Falls on Tariff Concerns Despite Q2 BeatShares of General Motors ($GM) are down 3.6% in pre-market trading at the time of writing, as the automaker warned of bigger impacts from tariffs
GM warned the toll could grow in the second half of the year, reiterating its previous estimate of a $4 billion to $5 billion hit for the year. Shares dropped 7% during the day, even as the company's adjusted earnings per share of $2.
General Motors and Coca-Cola stock tend to draw the attention of both institutional and retail investors, but which is the better investment as their Q2 results approach on Tuesday, July 22?
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General Motors ( NYSE: GM) is scheduled to announce Q2 earnings results on Tuesday, July 22nd, before market open. Wall Street, on average, expects the automobile company to post a quarterly EPS of $2.46 (-19.6% Y/Y) on revenue of $45.82B (-4.5% Y/Y).
The company confirmed speculation set off by President Trump last week that it will release cane-sugar-sweetened trademark Coke. The debut will happen in the fall. Record-setting markets have renewed retail investor appetite for meme stocks.
General Motors has beaten analyst estimates for both earnings per share and revenue in more than 10 straight quarters. Will the streak continue?
In financial statements released to shareholders before the opening bell of the New York Stock Exchange on July 22, General Motors reported a slew of red numbers. Since President Donald Trump began enforcing the tariffs on April 2,