Prime Highlights:
General Motors is set to release its fourth-quarter earnings before the market opens on January 28, 2025.
Analysts forecast adjusted earnings per share (EPS) of $1.89 and revenue of $43.93 billion, marking a 2.2% increase in revenue and a 52.4% rise in adjusted EPS compared to the previous year.
In Q4 2023, GM reported revenue of $42.98 billion, net income of $2.1 billion, and adjusted EBIT of $1.76 billion.
Key Background:
General Motors (GM) is scheduled to release its fourth-quarter earnings report before the market opens on Tuesday, January 28, 2025. Analysts are forecasting solid results, with expectations for adjusted earnings per share (EPS) of $1.89 and revenue of $43.93 billion. If these figures are met, GM’s revenue would reflect a 2.2% increase from the same quarter last year, while adjusted EPS would represent a substantial 52.4% jump compared to the prior year.
In the fourth quarter of 2023, GM posted revenue of $42.98 billion and net income attributable to stockholders of $2.1 billion. Additionally, the automaker reported adjusted earnings before interest and taxes (EBIT) of $1.76 billion. Investors are particularly keen to see how these results align with GM’s broader business strategy and financial outlook for 2025.
The company has previously indicated that its adjusted earnings for 2025 would likely be in a similar range to those achieved in 2024. However, recent developments, including the dissolution of GM’s Cruise autonomous vehicle operations and increasing uncertainty surrounding electric vehicle (EV) incentives and potential tariffs, could impact the company’s near-term outlook. GM had projected adjusted EBIT for 2024 to fall between $13 billion and $15 billion, with earnings per share ranging from $9.50 to $10.50, up from prior guidance of $12.5 billion to $14.5 billion in EBIT and $9 to $10 per share.
Despite these challenges, GM remains a favorite among analysts, with the company’s stock surging 48% in 2024. However, GM’s stock has shown limited movement so far in 2025, even after Deutsche Bank recently upgraded its rating from “hold” to “buy.”
Investors will also be focused on any updates regarding GM’s restructuring efforts in China, its ongoing partnership with Hyundai Motor, and any changes to the company’s EV production plans, which included a goal of producing 200,000 EVs in North America in 2024.