General Motors Stays With First-Quarter, Full-Year Earnings Forecast

Author:: TSC Staff
Publish date:: Feb 22, 2001 7:17 PM EST

General Motors

left its earnings forecast for the first quarter and 2001 unchanged, and said it expects to report a profit of $2 billion for the year from its North American business.

The automaker expects to earn $4.25 a share for 2001. Analysts are looking for the company to earn 24 cents a share in the first quarter and $3.06 for the year, according to

First Call/Thomson Financial

GM said its goals for this year include positive cash flow, a "substantial improvement'' in European operations and continued net income growth at its

GMAC

financing arm.