GM slashes its 2018 earnings forecast (GM) - Creak News

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GM slashes its 2018 earnings forecast (GM)

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GM CEO Mary BarraREUTERS/Rebecca Cook

General Motors reported mixed quarterly results and slashed its 2018 earnings outlook on Wednesday, sending shares down more than 5% ahead of the opening bell.

The automaker earned an adjusted $1.81 a share on net revenue of $36.8 billion. Wall Street analysts surveyed by Bloomberg were anticipating adjusted earnings of $1.77 a share on revenue of $36.8 billion. 

See the rest of the story at Business Insider

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from Business Insider https://ift.tt/2LNtKwJ

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