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General Motors lifts forecast as tariff outlook improves, shares surge 14%
Yahoo Finance· 2025-10-21 14:25
Core Viewpoint - General Motors has raised its profit outlook for the year due to reduced tariff costs and lighter losses on electric vehicles (EVs) as it adjusts its strategy in the EV market [1][4]. Financial Performance - GM's annual adjusted core profit is now expected to be between $12.0 billion to $13.0 billion, an increase from the previous estimate of $10.0 billion to $12.5 billion [4]. - The impact of tariffs on GM's bottom line has been revised down to a range of $3.5 billion to $4.5 billion, compared to the earlier estimate of $4 billion to $5 billion [4]. - GM's quarterly adjusted earnings per share fell to $2.80, surpassing analysts' expectations of $2.31, while revenue for the quarter slightly decreased to $48.6 billion from the previous year [5]. Market Reaction - GM's shares surged 14% following the profit forecast and third-quarter results, marking the largest single-day increase in nearly six years [2]. Strategic Adjustments - CEO Mary Barra indicated that the company is focusing on EV investments to comply with federal requirements, although she acknowledged that near-term EV adoption will be lower than initially planned due to changing regulations [3]. - GM incurred a $1.6 billion charge related to its revised EV strategy and anticipates future charges as it addresses overcapacity to reduce EV losses in 2026 and beyond [3]. Industry Context - U.S. car sales increased by 6% in the third quarter despite tariff uncertainties, with consumers opting for more expensive models and features [5]. - The positive results from GM also positively impacted rival companies, with Ford Motor and Stellantis shares rising approximately 4% and 3% respectively [4].
GM Raises Outlook on Boost From Truck Sales, Tariff Relief
Bloomberg Television· 2025-10-21 14:13
You've got real experience navigating volatile industries, experience in the airline business and experience in the automaker business, too. You took over as CFO in the pandemic. Can you talk to us about this year, Paul.Just how agile have you and the team needed to be and how volatile have things been, too. >> Well, Jonathan, first of all, thank you very much for having us. It's a great day to be at GM and celebrate the success of uh all of our employees and partners worldwide.So really appreciate uh you b ...
GM Raises Outlook on Boost From Truck Sales, Tariff Relief
Youtube· 2025-10-21 14:13
You've got real experience navigating volatile industries, experience in the airline business and experience in the automaker business, too. You took over as CFO in the pandemic. Can you talk to us about this year, Paul.Just how agile have you and the team needed to be and how volatile have things been, too. >> Well, Jonathan, first of all, thank you very much for having us. It's a great day to be at GM and celebrate the success of uh all of our employees and partners worldwide.So really appreciate uh you b ...
GM CFO Paul Jacobson on the outlook for its EV business
CNBC Television· 2025-10-21 14:08
Did you make money on EVs. Were you profitable making money on EVs in the third quarter. >> No.As as we said, Phil, we had um about 40% of our vehicles were variable profit positive, meaning they were contribution positive, but they they weren't running EBIT profitability. And uh we started the year saying that we could scale our way uh into profitability. Obviously, demand is going to be quite a bit lower uh with the 7500 going away and uh and really adjusting to that.So what we've had to do is go in and s ...
GM Stock Races to Four-Year High After Beat-and-Raise
Schaeffers Investment Research· 2025-10-21 14:06
General Motors Co (NYSE:GM) stock is one of the best names on the New York Stock Exchange (NYSE) today, last seen up 12.1% to trade at $65. The automaker reported adjusted third-quarter earnings of $2.80 per share on $48.60 billion in revenue, both of which outpaced estimates. While hiking its full-year guidance, GM also reduced the expected impact of tariffs this year to between $3.5 billion and $4.5 billion.The auto stock is on track for its best single-session gain since March 2020, and hit a four-year h ...
道指开盘涨0.02%,标普500涨0.04%,纳指跌0.1%
Xin Lang Cai Jing· 2025-10-21 14:00
来源:视频滚动新闻 通用汽车涨10.0%,上调全年业绩指引并公布了超预期财报。可口可乐涨3.0%,Q3利润和营收均超出预 期。华纳兄弟探索涨7.5%,公司称愿意考虑出售事宜。金属包装产品制造商皇冠控股涨9.2%,Q3业绩 好于预期。哔哩哔哩涨6.0%,自研游戏《逃离鸭科夫》销量破50万。 ...
通用汽车(GM.US)涨12% Q3业绩超预期并上调全年盈利指引
Zhi Tong Cai Jing· 2025-10-21 13:52
周二,通用汽车(GM.US)涨12%,报64.99美元。消息面上,通用汽公布了第三季度业绩,并上调了全年 业绩预期,其业绩超出华尔街的预期,得益于皮卡销量好于预期,且特朗普政府对汽车零部件征收的关 税问题也有所缓解。截至9月30日的三个月里,每股调整后利润达到2.80美元,这一数字超过了分析师 的普遍预期2.27美元,但低于上年同期的2.96美元——而且当时特朗普的贸易政策尚未实施。三季度营 收为485.9亿美元,同比下降0.3%,但高于市场预期。 ...
美股异动 | 通用汽车(GM.US)涨12% Q3业绩超预期并上调全年盈利指引
智通财经网· 2025-10-21 13:50
智通财经APP获悉,周二,通用汽车(GM.US)涨12%,报64.99美元。消息面上,通用汽公布了第三季度 业绩,并上调了全年业绩预期,其业绩超出华尔街的预期,得益于皮卡销量好于预期,且特朗普政府对 汽车零部件征收的关税问题也有所缓解。截至 9 月 30 日的三个月里,每股调整后利润达到 2.80 美元, 这一数字超过了分析师的普遍预期2.27 美元,但低于上年同期的2.96 美元——而且当时特朗普的贸易政 策尚未实施。三季度营收为485.9亿美元,同比下降0.3%,但高于市场预期。 ...
US stocks mostly flat as investors brace for earnings packed week
Invezz· 2025-10-21 13:48
Stocks were little changed on Tuesday as investors paused following a strong rally in the previous session and weighed a wave of fresh corporate earnings. The Dow Jones Industrial Average rose 49 poin... ...
通用汽车股价涨幅扩大至10%,至2022年1月以来最高水平
Mei Ri Jing Ji Xin Wen· 2025-10-21 13:47
每经AI快讯,10月21日,通用汽车股价涨幅扩大至10%,至2022年1月以来最高水平。 ...