General Motors reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday.

Here’s how the company did compared to what Wall Street expected:

• EPS: $1.32 vs. $1.12 expected, according to Thomson Reuters
• Revenue: $33.6 billion vs. $32.72 billion expected, according to Thomson Reuters

Investors will be looking for news on the company’s inventories, which have been piling up and prompting the automaker to slow down or temporarily halt production at some of its plants. Demand is particularly low for sedans and compact vehicles. Those who are buying cars are focusing more on crossovers, SUVs and trucks.

“We have gotten some clue from the September sales numbers that there is some progress on inventory,” said CFRA analyst Efraim Levy told CNBC. “But ultimately the question at the end of the fourth quarter will be do they have the numbers they need to meet their final targets?”

If GM is not on track, another question will be whether they need to make additional production cuts. On Oct. 20, GM began a six-week production shut-down at its Detroit-Hamtramck factory, which assembles four GM sedan models in low-demand among consumers.

Analysts and investors will also be paying close attention to sales of profitable and in-demand crossovers and SUVs, and looking for more information on the company’s ongoing efforts to bolster electric car offerings and develop self-driving cars and other new mobility technologies.

The company acquired autonomous-vehicle technology maker Strobe earlier in the month, so some will be waiting for news on GM’s plans for the acquisition.

GM shares are up almost 30 percent since the beginning of the year.

This is breaking news. Please check back for updates.

Source: Tech CNBC
General Motors earnings: .32 per share, vs expected EPS of .12