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
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 huge charges related to China, but still topped profit and revenue expectations on Wall Street.
GM faces China setback but beats expectations, offers generous profit-sharing to workers, and navigates U.S. regulations.
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 moved to a loss in its fourth quarter ... That topped the $1.85 per share that analysts surveyed by FactSet predicted. Revenue climbed to $47.7 billion from $42.98 billion, beating ...
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
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General Motors Co.'s stock fell sharply on Tuesday as the carmaker said its bullish 2025 outlook does not account for the impact of potential tariffs by the Trump administration. The statement cast an aura of uncertainty around the outlook for the automotive giant.
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 months ago.