Hyundai will announce on Wednesday its full-year fiscal 2018 earnings guidance, according to a company source.
The news comes after analysts at Goldman Sachs predicted that the company would earn just $1.07 per share in 2019.
IHS Markit expects earnings to grow to $2.20 per share, according the Wall Street Journal.
Read more about Hyundai’s earnings guidance in IHS Markits earnings outlook report: Hyundai earnings guidance IHSMarkit forecast for 2019 (PDF) The news comes a week after Goldman Sachs expected earnings of $2 per share for the company.
Shares of Hyundai closed at $56.85 on Wednesday.
More to come.
