GM beats Wall Street estimates, forecasts another year of strong

The automaker also projected 2025 financial guidance that met or exceeded many forecasts from Wall Street analysts. GM executives will host an earnings conference call at 8:30 a.m. ET.

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GM Beats Wall Street Estimates, Forecasts Continued Strong Profit …

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Jan 30, 2024 · GM's 2023 earnings included several special charges, including $1.1 billion in North American strike costs and $792 million for new commercial agreements.

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GM Q4 Earnings Beat Estimates As EV Business Turns The Corner, …

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Jan 27, 2025 · Nonetheless, GM now sees 2025 profit coming in at a range of $13.7 billion to $15.7 billion, with a lower low bound but a higher upper bound than in 2024. Diluted and …

yahoo.com

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GM Tops Estimates On 'remarkably' Resilient Consumer, Shares Surge

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Oct 22, 2024 · GM said on Tuesday it was on track to deliver between $14 billion and $15 billion in pretax profit, an increase from mid-year's $13 billion to $15 billion range due to strong …

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China Restructuring Hits GM 2024 Profits, Which Beat Wall Street ...

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Jan 28, 2025 · The Detroit automaker's earnings and revenue also beat Wall Street expectations for the year and quarter. It posted revenue for the year of $187.4 billion, up 9.1%.

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GM Tops Profit Estimates, Raises Forecast On Truck Demand

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Jul 23, 2024 · General Motors Co.’s profit surged 60% from a year ago, easily beating Wall Street’s expectations on strong demand for gas-powered trucks in the US. The automaker …

bloomberg.com

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GM Tops Estimates On 'remarkably' Resilient Consumer, Shares Surge

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Oct 22, 2024 · DETROIT (Reuters) -General Motors surpassed Wall Street's expectations in the third quarter, sending its shares up 8% on Tuesday thanks to a resilient consumer demand for …

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GM Tops Estimates On 'remarkably' Resilient Consumer, Shares …

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Oct 22, 2024 · GM said on Tuesday it was on track to deliver between $14 billion and $15 billion in pretax profit, an increase from mid-year's $13 billion to $15 billion range due to strong …

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GM Results Aren't Enough For Investors, Shares Skid 9% On Tariff ...

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Jan 28, 2025 · General Motors earnings exceeded Wall Street's forecasts on Tuesday, but investors still dumped the stock broadly on fears of tariffs that will make it hard for the …

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GM’s Shares Post Biggest Percentage Gain In Over 4 Years ... - The Hill

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Oct 22, 2024 · Excluding one-time items, GM had an adjusted profit of $2.96 per share, beating Wall Street estimates of $2.38, according to FactSet. The company’s revenue also soundly …

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GM Beats Expectations With Resilient Demand - PressReader

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Oct 23, 2024 · DETROIT – General Motors surpassed Wall Street’s expectations in the third quarter, sending its shares up 8% on Tuesday thanks to resilient consumer demand for its …

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GM Is Having A Great Year As It Posts Q3 Earnings Beat - Quartz

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Oct 22, 2024 · The Detroit automaker reported revenue of $48.7 billion, more than $4 billion above Wall Street’s expectations, and earnings per share of $2.96, compared to the expected …

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GM Q2 Revenue, Earnings Soar As Automaker Boosts Profit …

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Jul 25, 2023 · For the quarter, GM reported top-line revenue of $44.7 billion, beating street estimates of $42.82 billion. GM's Q2 revenue rose 25% from a year ago and 11.8% sequentially.

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GM Earnings Boom 55%. Outlook Under Trump Slams Shares.

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Jan 27, 2025 · General Motors (GM) gave robust 2025 outlook early Tuesday after beating earnings estimates for a fourth quarter marked by strong vehicle volumes and pricing. GM …

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GM Beats Wall Street Estimates, Forecasts Another Year Of Strong ...

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Jan 28, 2025 · General Motors reported a record adjusted net income of $12.1 billion for 2024, surpassing the previous record of $11 billion set in 2022. GM forecasts strong earnings for …

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FAQs about GM beats Wall Street estimates, forecasts another year of strong Coupon?

Did General Motors beat Wall Street expectations?

General Motors beat Wall Street's top- and bottom-line expectations for the fourth quarter. The automaker also projected 2025 financial guidance that met or exceeded many forecasts from Wall Street analysts. ...

Did GM beat Wall Street's expectations for the fourth quarter?

General Motors beat Wall Street’s top- and bottom-line expectations for the fourth quarter, while forecasting another strong year despite potential economic and sales head winds. China – GM’s second-largest market – continued to struggle, with a 34% decline in equity income for the year, including a 54% drop during the fourth quarter. ...

Did General Motors beat Wall Street's forecasts for 2025?

The automaker also projected 2025 financial guidance that met or exceeded many forecasts from Wall Street analysts. DETROIT — General Motors beat Wall Street's top- and bottom-line expectations for the fourth quarter, while forecasting continued strong results for 2025. ...

How much pretax profit will GM make?

The company said on Tuesday it was on track to deliver between $14 billion and $15 billion in pretax profit. GM's adjusted earnings per share of $2.96 for the quarter outpaced market expectation of $2.43, while revenue of $48.8 billion beat estimates of $44.6 billion. ...

How did GM perform in premarket trading?

The company's shares rose more than 4% in premarket trading. GM increased its adjusted pre-tax profit projection for the year to $13 billion to $15 billion, from its previous range of $12.5 billion to $14.5 billion. The company reported adjusted earnings per share of $3.06 that beat Wall Street's average estimate of $2.75, according to LSEG data. ...

Why did Gm-n Beat Wall Street's expectations in the third quarter?

General Motors GM-N surpassed Wall Street’s expectations in the third quarter, sending its shares up 8 per cent on Tuesday thanks to a resilient consumer demand for its trucks and SUVs. “The consumer has held up remarkably well for us,” Chief Financial Officer Paul Jacobson said, predicting demand would improve next year as financing rates fall. ...