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GM (GM) Earnings Preview, International Numbers Are Key

When GM (NYSE: GM) posts earnings it will be the first look at what the company’s expense run rate will be as it moves into 2008. There may be one-time charges for employee buyouts and other restructuring charges, but the firm will at least show how it is scaled for operating expenses over the next four quarters. The estimates from First Call for the US auto giant are -$0.55 EPS on $44.38 billion in revenues. Next quarter estimates are -$0.27 EPS on $41.99 billion in revenues. Estimates for fiscal 2008 are $1.26 EPS on $177.65 billion in revenues. Management will…
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