General Motors is to announce its Q2 2013 earnings this Thursday, but analysts are predicting a 13 percent dip in profits compared to a year ago, according to Forbes. However, revenue is expected to be about 2 percent higher from last year, at $38.37 billion compared to $37.61 billion. For the year, revenue is predicted to hit $156.25 billion.
Forbes points out that The General has seen steady earnings for the last eight quarters, but income has been dropping year-over-year by an average of 6 percent over the last four quarters. Still, 80 percent of analysts list the company’s stock as a “buy.”