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General Motors (GM) earnings Q4 2021

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A General Motors sign can be seen at an event in Lansing on January 25, 2022. General Motors is expected to add 4,000 jobs while retaining 1000. This will allow for a significant increase in the production of battery cells and electric trucks.

AFP – Getty Images| AFP | Getty Images

General MotorsAfter the Tuesday bell, is expected to release its fourth quarter results. Based on Refinitiv’s average analyst estimates, here’s what Wall Street expects.

  • Adjusted EPS: $1.19
  • Revenue: $34.01Billion

The adjusted earnings would represent GM’s smallest share of the year. Also, it would drop from $1.93 during the fourth quarter in 2020, when parts supplier warned of possible a. potential shortage of semiconductor chipsThis caused significant production disruptions last year.

GM reported a pretax adjusted profit of $3.7B in the fourth quarter of 2020. The quarter’s revenue reached $37.5 billion.

Investors will continue to monitor GM’s quarterly results but will focus more on this year’s guidance. Due to the lack of chip supply and other factors such inflation, analysts expect GM to publish conservative earnings estimates for 2022.

John Murphy, BofA Securities Analyst said recently that the biggest threat to volume forecasts lies in the uncertainty surrounding the economy and consumer confidence.

GM shares dropped 10% after rising 40% in 2021. Closed Monday, the stock was $52.73 per share. This is a 5% increase.

According to FactSet’s average analyst estimates, GM stock currently has a Buy rating and a $76.07 per share price target.

— CNBC’s Michael BloomThis report was contributed by you.

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