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.
General Motors stock is moving sharply lower Tuesday even after the automaker reported a fourth-quarter earnings beat. Here's what you need to know.
Last month the vehicle manufacturing giant warned that the poor performance of its Chinese joint ventures would force it to write down assets.
The stock's fall snapped a four-day winning streak.
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
GM faces China setback but beats expectations, offers generous profit-sharing to workers, and navigates U.S. regulations.
General Motors swung to a loss in the 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 Co. in Detroit today reported record 2024 profits of $14.9 billion, up 21 percent over 2023. The automaker did so with $187 billion in revenue last year, a 9 percent increase over year prior.
Morgan Stanley analyst Adam Jonas maintained a Hold rating on General Motors (GM – Research Report) yesterday and set a price target of
General Motors is up 4.9% since the beginning of the year, but at $53.90 per share, it is still trading 10.5% below its 52-week high of $60.20 from November 2024.
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.