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. The automaker is also taking a proactive approach with the United States government on regulations and doling out generous profit-sharing payouts to thousands of workers.
GM faces China setback but beats expectations, offers generous profit-sharing to workers, and navigates U.S. regulations.
The stock's fall snapped a four-day winning streak.
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 (GM – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Elizabelle
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
General Motors announced record-breaking profits, which workers will see in their pockets with a $14,500 check.
But Boeing is far down the leaderboard of the longest streaks of red ink in the S&P 500. The industrial parts and repair company DEX lost money for 18 years in a row before turning profitable in 2019. SBA Communications and LiveNation are tied for second with 17-year runs of red ink that are thankfully over.
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.
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. View on euronews
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,
Automotive giant General Motors (NYSE:GM) 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.