Global Trends and Politics
General Motors Set to Report Q4 Earnings
General Motors is set to report its fourth-quarter earnings before the bell on Tuesday. Here’s what Wall Street is expecting, according to average estimates compiled by LSEG:
- Earnings per share: $1.89 adjusted
- Revenue: $43.93 billion
These results would mark a 2.2% increase in revenue compared with a year earlier and a 52.4% jump in adjusted earnings per share.
The company’s 2023 fourth quarter included $42.98 billion in revenue, net income attributable to stockholders of $2.1 billion, and adjusted earnings before interest and taxes of $1.76 billion.
Guidance for 2025
While investors will be monitoring GM’s quarterly results, they will also be focused on the company’s guidance for 2025. The Detroit automaker previously said it expected its 2025 adjusted earnings to be in a “similar range” to the company’s 2024 results.
However, those comments were made prior to GM’s announcement of the disbanding of its Cruise autonomous vehicle operations and before increased regulatory uncertainty regarding all-electric vehicle incentives and potential tariffs under President Donald Trump.
2024 Guidance
GM was targeting adjusted earnings before interest and taxes for 2024 of between $13 billion and $15 billion, or between $9.50 and $10.50 per share, up from previous guidance of between $12.5 billion and $14.5 billion, or between $9 and $10 per share, earlier this year.
Stock Performance
GM was a favorite auto stock for Wall Street analysts in 2024, as share prices soared 48% in 2024. That continues to be true in 2025, as many expect GM to outperform expectations, but GM’s stock is relatively flat to begin this year despite an upgrade last week by Deutsche Bank to buy from hold.
China Restructuring and EV Plans
Investors will also be watching for updates to the company’s restructuring in China, its previously announced partnership with Hyundai Motor, and any changes to GM’s EV plans, which included producing and wholesaling 200,000 EVs for North America in 2024.
Conclusion
General Motors’ fourth-quarter earnings report is expected to provide insight into the company’s financial performance and guidance for 2025. The market will be closely watching for updates on the company’s restructuring in China, partnership with Hyundai Motor, and EV plans, as well as its guidance for the upcoming year.
FAQs
Q: What is General Motors’ expected earnings per share for the fourth quarter?
A: $1.89 adjusted
Q: What is General Motors’ expected revenue for the fourth quarter?
A: $43.93 billion
Q: What is General Motors’ expected guidance for 2025?
A: The company expects its 2025 adjusted earnings to be in a “similar range” to its 2024 results.
Q: What is General Motors’ 2024 guidance for adjusted earnings before interest and taxes?
A: The company is targeting adjusted earnings before interest and taxes of between $13 billion and $15 billion, or between $9.50 and $10.50 per share.
Global Trends and Politics
American Airlines jet collides with military helicopter near D.C. airport
Emergency Response to Plane Crash in Washington D.C.
A view of emergency response looking from Arlington, Va., south of Ronald Reagan Washington National Airport, across the Potomac River toward the District of Columbia, Wednesday, Jan. 29, 2025.
An American Airlines regional jet with 64 people aboard collided with a Black Hawk military helicopter moments before the airplane was set to land at Washington D.C.’s Ronald Reagan Washington National Airport on Wednesday night, the Federal Aviation Administration said. The accident appeared to be the worst air disaster in the U.S. in more than 15 years.
Details of the Accident
American Eagle Flight 5342, a PSA Airlines Bombardier CRJ700 regional jetliner, was on approach into the airport’s Runway 33 when it collided with a Sikorsky H-60 helicopter at around 9 p.m. ET. The flight was arriving from Wichita, Kansas and was flying at an altitude of about 300 feet at the time of the collision, according to FlightRadar24.
Response and Investigation
Reagan Washington National was closed Wednesday through at least 11 a.m. ET Thursday. The FAA and National Transportation Safety Board are investigating the incident, with a focus on determining the circumstances surrounding the crash.
Reactions and Statements
Transportation Secretary Sean Duffy called the accident a "tragedy" in a press conference. "Our concern is for the passengers and crew on board the aircraft," American Airlines said in a statement. "We are in contact with authorities and assisting with emergency response efforts."
Casualties and Rescues
Both aircraft were in the cold waters of the Potomac River, and rescue workers were facing challenging conditions like high wind. The U.S. Army confirmed that the second aircraft was an Army helicopter out of Fort Belvoir, Virginia, saying in a statement: "We are working with local officials and will provide additional information once it becomes available." Officials declined to address casualties during the press conference, which took place in the early hours of Thursday morning.
Conclusion
The incident has left many questions unanswered, and the investigation is ongoing. The U.S. has had a long stretch without fatal commercial airline crashes. The last U.S. commercial passenger airline crash occurred in February 2009 when Continental Flight 3407 crashed into a house as it was arriving in Buffalo, New York, killing all 49 people aboard and one person on the ground.
Frequently Asked Questions
Q: What happened in the accident?
A: An American Airlines regional jet collided with a Black Hawk military helicopter moments before landing at Ronald Reagan Washington National Airport.
Q: How many people were on board the plane?
A: 64 people, including 60 passengers and four crew members.
Q: What was the condition of the weather at the time of the accident?
A: The weather was windy, with challenging conditions for rescue workers.
Q: What is the status of the investigation?
A: The FAA and National Transportation Safety Board are investigating the incident, with a focus on determining the circumstances surrounding the crash.
Q: What is the condition of the pilot and crew?
A: The condition of the pilot and crew is unknown at this time.
Global Trends and Politics
Understanding Family and Medical Leave Act (FMLA) Policies
Employee Rights and Policies
As an employee, you have certain rights and protections under the law. One of the most important is the Family and Medical Leave Act (FMLA), which provides eligible employees with up to 12 weeks of unpaid leave for certain family and medical reasons. In this article, we’ll explore the basics of FMLA policies, including who is eligible, how to request leave, and what you can expect during your leave.
Eligibility for FMLA Leave
To be eligible for FMLA leave, you must meet certain requirements. You must:
* Have worked for your employer for at least 12 months
* Have worked at least 1,250 hours in the 12 months preceding the start of your leave
* Be employed at a worksite where 50 or more employees are employed within 75 miles
* Be unable to perform your job due to a serious health condition, the birth or adoption of a child, or the care of a family member with a serious health condition
What Constitutes a Serious Health Condition?
A serious health condition is one that requires inpatient care or continuing treatment by a healthcare provider. This can include:
* A physical or mental condition that requires hospitalization or continuing treatment
* A condition that requires multiple treatments or procedures
* A condition that requires ongoing care or treatment
How to Request FMLA Leave
To request FMLA leave, you must provide your employer with written notice of your need for leave. You can do this by:
* Submitting a completed FMLA request form to your employer
* Providing a doctor’s note or other medical documentation to support your request
* Giving your employer at least 30 days’ notice of your need for leave, if possible
What to Expect During Your Leave
During your FMLA leave, you can expect:
* To receive your regular pay and benefits, minus any deductions for health insurance premiums
* To be able to return to your job without penalty or discrimination
* To have your job protected, unless you are unable to return to work due to a serious health condition
* To have your employer provide you with information and resources to help you manage your leave and return to work
Common FMLA Leave Scenarios
FMLA leave can be used for a variety of reasons, including:
* The birth or adoption of a child
* The care of a family member with a serious health condition
* Your own serious health condition
* A qualifying exigency related to a family member’s military service
Examples of Qualifying Exigencies
Examples of qualifying exigencies include:
* Attending to a family member’s military funeral
* Taking care of a family member who is injured or ill due to military service
* Addressing issues related to a family member’s deployment or activation
Conclusion
The Family and Medical Leave Act (FMLA) provides important protections and benefits for eligible employees. By understanding your rights and responsibilities under FMLA, you can better navigate the leave process and ensure a smooth transition back to work. Remember to provide written notice of your need for leave, submit required documentation, and communicate with your employer throughout your leave.
FAQs
Q: How do I know if I’m eligible for FMLA leave?
A: You are eligible for FMLA leave if you have worked for your employer for at least 12 months, have worked at least 1,250 hours in the 12 months preceding the start of your leave, and are employed at a worksite where 50 or more employees are employed within 75 miles.
Q: How do I request FMLA leave?
A: To request FMLA leave, you must provide your employer with written notice of your need for leave. You can do this by submitting a completed FMLA request form to your employer or providing a doctor’s note or other medical documentation to support your request.
Q: What happens to my job while I’m on FMLA leave?
A: Your job is protected while you’re on FMLA leave. Your employer cannot terminate your employment or change your job duties without your consent, unless you are unable to return to work due to a serious health condition.
Q: Can I use FMLA leave for any reason?
A: No, FMLA leave can only be used for certain family and medical reasons, including the birth or adoption of a child, the care of a family member with a serious health condition, your own serious health condition, or a qualifying exigency related to a family member’s military service.
Global Trends and Politics
Planet Lands $230 Million Contract for Pelican Imagery Satellites
Planet Secures $230 Million Contract for Pelican Satellite Services
Planet, a satellite imagery and data analysis company, has announced a significant $230 million contract to build and operate its next-generation Pelican satellites for an anchor customer in the Asia-Pacific region. This deal marks a significant milestone for the company, marking its entry into the satellite services market.
According to Planet CEO Will Marshall, the contract is the company’s largest deal ever and represents a significant step towards its satellite services business. The deal covers the construction of Pelican satellites over a period of two years and their operation for five years.
Pelican Satellite Constellation
Planet has been working on its Pelican satellite constellation, which aims to deploy as many as 32 satellites. The company launched its first operational Pelican satellite, Pelican-2, earlier this month, featuring Nvidia’s Jetson edge artificial intelligence platform for improved data processing.
Satellite Services Market
With this deal, Planet is effectively selling its spacecraft as an adaptable base to specific customers. Marshall noted that these customers are often long-standing partners who already trust Planet’s data and ability to execute. This represents a significant shift for the company, moving from a pure data business to a vertically integrated stack of technology.
Benefits and Outlook
While the deal does not change Planet’s guidance for its fiscal 2025 fourth-quarter results, the company expects to see benefits to its balance sheet in fiscal 2026. The contract is expected to be recognized over about seven years, with payments for building the satellites and providing services.
Conclusion
Planet’s significant contract with its anchor customer marks a major milestone for the company, solidifying its position in the satellite services market. The deal represents a significant step forward for the company, enabling it to scale faster and expand its offerings.
Frequently Asked Questions
Q: What is the significance of this contract for Planet?
A: This contract is the company’s largest deal ever and represents a significant step towards its satellite services business.
Q: How many Pelican satellites will Planet deploy?
A: Planet aims to deploy as many as 32 Pelican satellites, with the company having already launched its first operational satellite, Pelican-2.
Q: What technology is featured in the Pelican-2 satellite?
A: The Pelican-2 satellite features Nvidia’s Jetson edge artificial intelligence platform for improved data processing.
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