GM and Capital One Profit Forecasts Climb Ahead of Earnings
Photo: TokenPost
Profit forecasts for General Motors and Capital One have climbed ahead of their earnings reports this week, putting higher expectations to the test during a 70-company S&P 500 earnings slate. General Motors’ consensus earnings-per-share estimate is more than twice its level three months ago and more than twice its level six months ago. The increases cover both comparison periods. GM also plans to bring hybrid models to the U.S. market. Capital One’s consensus forecast rose more than 65% in three months to $5.50 per share. The $5.50 figure is a consensus estimate for Capital One’s upcoming report.
Source: TokenPost
