"I think we’ll do it February 1st." On the morning of January 28, Detroit Big Three automaker General Motors (GM) reported Q4 and full-year 2024 earnings, where they posted major losses. The automaker behind Chevrolet and Cadillac said it lost $2.
How fast is it? When outfitted with the optional ZTK Performance Package that adds a high-downforce rear wing, stiffer springs, various aero pieces, and a set of super-sticky Michelin Pilot Sport Cup 2R tires,
Shares of automotive manufacturer General Motors (NYSE:GM) fell 11.1% in the afternoon session after the company reported fourth-quarter earnings and provided guidance that assumes a stable policy environment in the US,
GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.
General Motors (NYSE: GM) closed out a strong 2024 with fourth-quarter results that beat Wall Street's expectations. GM shares remained down by 10.4% as of 11:44 a.m. ET. One reason for the stock's sharp decline was that GM stock soared nearly 50% in 2024.
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 Company (NYSE:GM) shares are trading lower in the premarket session on Tuesday. The automotive behemoth reported adjusted earnings per share of $1.92 in the fourth quarter, beating the street view of $1.
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.
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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.
In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs. General Motors rewarded investors with a 48% gain in 2024,
General Motors has beaten revenue and earnings per share estimates from analysts in each of the last 9 straight quarters. Will the trend continue?