General Motors (GM) earnings Q4 2024

From CNBC: 2025-01-28 00:01:01

General Motors is set to report fourth-quarter earnings, with Wall Street expecting $1.89 adjusted earnings per share and $43.93 billion in revenue. In 2023, GM reported $42.98 billion in revenue and $2.1 billion in net income. Investors are also looking for guidance on 2025 earnings, amid uncertainties like ending Cruise operations and potential tariffs.

GM had initially targeted adjusted earnings for 2024 between $13 billion and $15 billion, leading to a surge in share prices in 2024. Despite a recent upgrade by Deutsche Bank, GM’s stock remains flat in 2025. Investors are keen on updates regarding GM’s restructuring in China, partnership with Hyundai Motor, and EV production plans for North America.



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