DETROIT — General Motors is forecasting its financial results this year to be in line with expected earnings in 2017, followed by an “even better” performance in 2019.
The automaker announced its guidance Tuesday morning, predicting record 2017 earnings per share at the “high end” of its previously stated range of $6-$6.50 — a key metric for how Wall Street judges the company.
“GM had a very good 2017 as we continue to transform our company to be more focused, resilient, profitable,” GM CEO Mary Barra said in a statement. “We are positioned for another strong year in 2018 and an even better one in 2019.”
