The Auto Industry's Earnings Bump: A Temporary Reprieve? The auto industry is set for a significant earnings boost as General Motors prepares to report its second quarter results on Tuesday.
Wall Street expects GM to post a 26% increase in adjusted earnings per share, although revenue is expected to decline compared to last year.
Historically, the auto industry has been subject to fluctuations in earnings due to factors such as commodity costs, tariffs, and changes in consumer demand.