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
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 impressed with strong Q4 2024 earnings, as well as healthy guidance for 2025.
Morgan Stanley analyst Adam Jonas maintained a Hold rating on General Motors (GM – Research Report) yesterday and set a price target of
General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United Auto Workers union, and said that it expects even better operating results in the year ahead.
General Motors Company (GM) on Tuesday reported a loss of $2.96 billion in its fourth quarter. The Detroit-based company said it had a loss of $1.64 per share.
While investors will be watching GM’s quarterly results, they will also be focused on its guidance for 2025 and any changes under the Trump administration.