From CNBC:

General Motors is set to report its fourth-quarter earnings with expectations of an adjusted earnings per share of $1.16 and revenue of $38.67 billion, marking a 10.3% decrease in revenue from the previous year. Investors are also waiting for updates on residual costs from a new labor contract and 2024 guidance. GM recently reinstated its 2023 guidance, which included net income attributable to stockholders of $9.1 billion to $9.7 billion. There is also interest in updates on GM’s new electric vehicles and Cruise, GM’s autonomous vehicle subsidiary. GM released findings on an investigation involving an accident with Cruise last October. The details outlined cultural issues, regulatory ineptitude, and poor leadership but found that officials did not intentionally deceive or mislead regulators. Cruise remains under investigation by several entities including the U.S. Department of Justice and the U.S. Securities and Exchange Commission.



Read more: General Motors (GM) earnings Q4 2023