Group 1: Earnings Performance - General Motors (GM) reported quarterly earnings of $2.78 per share, exceeding the Zacks Consensus Estimate of $2.69 per share, and up from $2.62 per share a year ago, representing an earnings surprise of 3.35% [1] - The company posted revenues of $44.02 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.57%, compared to $43.01 billion in the same quarter last year [2] - Over the last four quarters, GM has consistently surpassed consensus EPS and revenue estimates [2] Group 2: Stock Performance and Outlook - GM shares have declined approximately 11.3% since the beginning of the year, while the S&P 500 has decreased by 6% [3] - The current consensus EPS estimate for the upcoming quarter is $2.82 on revenues of $45.19 billion, and for the current fiscal year, it is $10.77 on revenues of $178.32 billion [7] - The Zacks Rank for GM is currently 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Group 3: Industry Context - The Automotive - Domestic industry, to which GM belongs, is currently ranked in the bottom 19% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact GM's stock performance [5]
General Motors (GM) Beats Q1 Earnings and Revenue Estimates