GM Third-Quarter Profit Seen Rising as Gas Prices Weigh on SUV Demand

General Motors reports Q3 results Tuesday. Analysts expect net income of $3.29 billion, up from $2.69 billion a year ago. Adjusted EPS seen at $3.70, revenue at $48.83 billion. Third-quarter vehicle sales fell 5.5%. Elevated gas prices are hurting demand for large SUVs, while small SUV sales rose. GM is also pursuing military parts contracts with Lockheed Martin.