General Motors (GM) posted better fourth quarter revenue and adjusted earnings than analysts had expected, as it recorded billions in one-time charges because of recent changes to the automaker's business plans.
CNBC's Phil LeBeau and General Motors Chair and CEO Marry Barra join 'Squawk Box' to discuss the company's quarterly earnings results, 2025 outlook, working with the second Trump administration, potential impact of tariffs, state of the company's EV production, autonomous vehicle timeline, and more.
General Motors (GM) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.24 per share a year ago.
Automotive giant General Motors (GM 1.87%) reported strong earnings for the fourth quarter and full-year 2024 on Tuesday, Jan. 28. Robust adjusted earnings per share (EPS) of $1.92 topped the analysts' consensus estimate of $1.85 and were up 55% year over year.
CNBC's Phil LeBeau joins 'Squawk Box' to report on the company's quarterly earnings results.
GM is launching three new electric vehicles under its luxury Cadillac brand, aiming for “further improvements in EV profitability” as it scales up production.
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations as the U.S. automaker continued to see strong consumer demand for its pricey gasoline-powered trucks and SUVs.
GM expects earnings per share of about $11.50 in 2025, up from $10.60 in 2024 and better than the $10.80 Wall Street currently projects.
General Motors is set to report its fourth-quarter earnings before the bell Tuesday. Wall Street analysts expect adjusted earnings per share of $1.84 and revenue of $43.606 billion.
Strong volumes and pricing in Q4 are a promising sign for the GM earnings report. The post GM Earnings Due Amid Rising Profit Estimates appeared first on Investor's Business Daily.
Questions about tariffs, electric vehicles and the new White House administration could dominate General Motors Co GM fourth-quarter financial results Tuesday before market open.
General Motors Co. GM will report its fourth-quarter earnings on Tuesday, Jan. 28. Wall Street anticipates earnings of $1.86 per share, with revenues projected at $43.61 billion, as it reports before the market opens.