To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. These recent revisions tend to reflect the evolving nature of short-term business trends. Investors should also note any recent changes to analyst estimates for General Motors Company. These totals would mark changes of -9.88% and +4.54%, respectively, from last year. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $6.84 per share and revenue of $163.85 billion. Our most recent consensus estimate is calling for quarterly revenue of $41.7 billion, up 16.62% from the year-ago period. On that day, General Motors Company is projected to report earnings of $1.64 per share, which would represent year-over-year growth of 43.86%. Investors will be hoping for strength from General Motors Company as it approaches its next earnings release. This has lagged the Auto-Tires-Trucks sector's gain of 22.45% and outpaced the S&P 500's gain of 4.31% in that time. Prior to today's trading, shares of the company had gained 14.65% over the past month. Elsewhere, the Dow lost 0.01%, while the tech-heavy Nasdaq lost 1.26%. This move lagged the S&P 500's daily gain of 0.37%. General Motors Company ( GM Quick Quote GM - Free Report) closed the most recent trading day at $36.66, moving -0.95% from the previous trading session.
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