Group 1: Earnings Results - General Motors is set to release its third-quarter earnings results on October 21, with expected earnings of $2.32 per share, a decrease from $2.96 per share in the same period last year [1] - The consensus estimate for GM's quarterly revenue is $45.33 billion, down from $48.76 billion a year earlier [1] Group 2: Dividend Announcement - On October 20, General Motors announced a quarterly cash dividend of 15 cents per share [2] - GM shares fell 0.7% to close at $58.00 on the preceding Monday [2] Group 3: Analyst Ratings - Wedbush analyst Daniel Ives reiterated an Outperform rating with a price target of $65 [4] - Jefferies analyst Philippe Houchois maintained a Hold rating and raised the price target from $50 to $55 [4] - Goldman Sachs analyst Mark Delaney maintained a Buy rating and increased the price target from $70 to $74 [4] - Mizuho analyst Vijay Rakesh maintained an Outperform rating and raised the price target from $58 to $67 [4] - Citigroup analyst Michael Ward maintained a Buy rating and increased the price target from $61 to $75 [4]
Top Wall Street Forecasters Revamp General Motors Expectations Ahead Of Q3 Earnings