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What to Expect When GM Reports Earnings Tomorrow

NEW YORK (TheStreet) -- General Motors Co. (GM - Get Report) is scheduled to announce its earnings results for the 2015 third quarter before the market open on Wednesday.

The company is expected to report a year-over-year increase in earnings per share, but a drop in revenue.

Analysts have estimated for earnings of $1.19 per share on revenue of $38.78 billion for the latest quarter.

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Last year, GM posted earnings of 97 cents per diluted share on revenue of $39.26 billion for the 2014 third quarter.

GM recently announced global sales dropped by 3.1% to 2.33 million vehicles during the third quarter of 2015.

The Detroit-based automaker manufactures vehicles under brands such as Chevrolet, Cadillac, GMC, Opel and Vauxhall.

GM stock is gaining by 1.75% to $33.81 in late morning trading on Tuesday.

Separately, TheStreet Ratings team rates GENERAL MOTORS CO as a Buy with a ratings score of B. TheStreet Ratings Team...