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.
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
General Motors (NYSE: GM) closed out a strong 2024 with fourth-quarter results that beat Wall Street's expectations. GM shares remained down by 10.4% as of 11:44 a.m. ET. One reason for the stock's sharp decline was that GM stock soared nearly 50% in 2024.
In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs. General Motors rewarded investors with a 48% gain in 2024,
GM topped Wall Street’s fourth-quarter adjusted profit estimate as sales rose 11%, but the carmaker’s stock fell back.
GM executives see a 1% to 1.5% drop in North American pricing power and a modest decline in gas-powered vehicle volume in 2025, leaving it in a relatively strong position
General Motors (GM) beat Wall Street estimates in Q4 but stock fell as tariff fears loomed large despite strong guidance for 2025 and a robust EV roadmap.
Wall Street's major indexes experienced gains, driven by the recovery of AI-linked shares. Nvidia rebounded after a significant loss. Concerns over proposed U.S. tariffs lingered, with potential impacts on inflation and Federal Reserve rate cuts.
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. For the three
GM's adjusted fourth-quarter profit of $1.92 a share beat the Wall Street analysts' estimate of $1.85 a share. The adjusted results exclude about $5 billion in one-time costs, mostly related to GM's China joint venture, as announced in early December.