General Motors Company Fourth Quarter Earnings Sneak Peek

The Cheat Sheet

General Motors Company will unveil its latest earnings on Thursday, February 16, 2012. General Motors develops, produces and markets cars, trucks and parts worldwide.

General Motors Company Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 42 cents per share, a decline of 19.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 45 cents. Between one and three months ago, the average estimate moved up. It has dropped from 46 cents during the last month. Analysts are projecting profit to rise by 29% versus last year to $3.91.

Past Earnings Performance: Last quarter, the company beat estimates by 4 cents, coming in at net income of $1.03 a share versus the estimate of profit of 99 cents a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: On average, analysts predict $38.21 billion in revenue this quarter, a rise of 3.6% from the year-ago quarter. Analysts are forecasting total revenue of $149.98 billion for the year, a rise of 11% from last year’s revenue of $135.14 billion.

Analyst Ratings: Analysts are high on the stock, with 11 analysts rating it as a buy, none rating it as a sell and three rating it as a hold.

A Look Back: In the third quarter, profit remained level at $2.11 billion ($1.03 a share) from the year earlier, beating analyst estimates. Revenue remained steady at $36.72 billion.

Key Stats:

Over the last four quarters, revenue has increased 3.7% on average year-over-year. The biggest increase came in the first quarter, when revenue rose 15% from the year earlier quarter.

Stock Price Performance: Between December 13, 2011 and February 10, 2012, the stock price had risen $5.39 (26.8%), from $20.11 to $25.50. The stock price saw one of its best stretches over the last year between April 19, 2011 and May 4, 2011, when shares rose for 11 straight days, increasing 11.7% (+$3.45) over that span. It saw one of its worst periods between November 15, 2011 and November 23, 2011 when shares fell for seven straight days, dropping 13.3% (-$3.11) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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