General Motors Reports Q4 2024 Results and Outlines 2025 Guidance
General Motors (GM) is scheduled to release its fourth-quarter and year-end earnings before market open on Tuesday.
Analyst Expectations
Analysts surveyed by LSEG anticipated the following for the fourth quarter:
- Adjusted earnings per share (EPS): $2.20
- Revenue: $45.8 billion
These expectations represented a 4% decline in revenue compared to the previous year and over a 14% increase in adjusted EPS.
Fourth Quarter 2024 Results (Actual)
GM's results for the fourth quarter of 2024 included:
- Revenue: $47.7 billion
- Net loss attributable to stockholders: Approximately $3 billion
- Adjusted earnings before interest and taxes (EBIT): $2.5 billion
Special Charges
GM expects to record $7.1 billion in special charges for the fourth quarter of 2025.
These special charges are related to the company's adjustments in electric vehicle (EV) strategy and restructuring efforts in China. The charges will affect net income but not adjusted financial results.
2025 Guidance
GM's guidance for 2025 includes:
- Adjusted EBIT: Between $12 billion and $13 billion
- Adjusted EPS: $9.75 to $10.50
- Adjusted automotive free cash flow: $10 billion to $11 billion (an increase from a previous range of $7.5 billion to $10 billion).
CEO Mary Barra previously affirmed expectations that 2026 financial performance will surpass that of 2025.