General Motors (GM) issued an upbeat full-year earnings outlook on Tuesday as the automaker's fourth-quarter results topped market expectations. The company anticipates adjusted earnings to be in a range of $11 to $12 for 2025,
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street
General Motors impressed with strong Q4 2024 earnings, as well as healthy guidance for 2025.
GM faces China setback but beats expectations, offers generous profit-sharing to workers, and navigates U.S. regulations.
Morgan Stanley analyst Adam Jonas maintained a Hold rating on General Motors (GM – Research Report) yesterday and set a price target of
General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United Auto Workers union, and said that it expects even better operating results in the year ahead.
Last month the vehicle manufacturing giant warned that the poor performance of its Chinese joint ventures would force it to write down assets.
General Motors Company (GM) on Tuesday reported a loss of $2.96 billion in its fourth quarter. The Detroit-based company said it had a loss of $1.64 per share.
While investors will be watching GM’s quarterly results, they will also be focused on its guidance for 2025 and any changes under the Trump administration.
The stock's fall snapped a four-day winning streak.
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street