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.