GM Suspends Guidance and Buybacks Amid New Trump T…
From Financial Modeling Prep: 2025-04-30 07:09:00
General Motors (NYSE:GM) shares dropped 3% in premarket trading due to uncertainty over new U.S. tariffs. Q1 performance beat expectations with EPS of $2.78 and revenue of $44.02 billion, but adjusted automotive free cash flow fell 26% to $811 million.
CFO Paul Jacobson cited tariff impact for pausing the $4 billion share repurchase program. GM will reassess cost structures and capital allocation before resuming buybacks. Analysts can track cash-generation trends through the Owner Earnings Statement Analysis API.
GM will host an investor call on May 1 to provide updated guidance once tariff implications are clearer. Chair and CEO Mary Barra and CFO Paul Jacobson will address the impact of tariffs on the automaker’s outlook.
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