GM says supply chain issues may impact quarterly earnings
Shares of the automaker were down by 2% on Friday
By Shubhangi Mathur
Published - Jul 01, 2022, 06:18 PM ET
Last Updated - Mar 07, 2024, 02:12 PM EST
• Shares of the automaker were down by 2% on Friday
General Motors Co (NYSE: GM) warned on Friday that supply chain constraints can impact its second quarter earnings.
The automaker said it expects net income during the second quarter to be between $1.6 billion and $1.9 billion and pre-tax adjusted earnings to be in the range of $2.3 billion and $2.6 billion.
GM shares were down by 2% on Friday.