Core Insights - General Motors (GM) is expected to report third-quarter 2025 results on October 21, with earnings estimated at $2.26 per share and revenues at $44.19 billion [1][10] - The earnings estimate has decreased by 6 cents over the past month, indicating a year-over-year decline of 23.7%, while revenues are projected to decline by 9.4% [2] Sales Performance - In the U.S., GM sold 710,347 units in Q3 2025, reflecting an 8% year-over-year increase, with notable gains in Chevrolet (up 8.3%), GMC (up 8.6%), and Cadillac (up 25%), although Buick saw a decline of 14% [3][10] - Electric vehicle (EV) sales surged by 107% to 66,501 units, marking a new record for the company [3][10] - In China, GM delivered 470,000 vehicles, a 10.1% increase year-over-year, with the Wuling Hong Guang MINIEV being the best-selling NEV [4][10] Segment Performance - The North America segment (GMNA) is projected to have wholesale vehicle sales of 793,000 units, down 11.2% year-over-year, with revenues expected at $37.1 billion, a decline of 9.9% [5] - The GMI unit (excluding China JV) is estimated to see a slight decline in wholesale volumes to 137,000 units, with stagnant revenues at $3.5 billion, but an increase in operating income to $86 million from $42 million [6] Restructuring Efforts - GM's restructuring initiatives in China are yielding positive results, with increased market share among foreign OEMs and positive equity income from joint ventures, indicating a potential turnaround to profitability in the region [7][10] Earnings Expectations - The current model predicts an earnings beat for GM, supported by a positive Earnings ESP of +5.02% and a Zacks Rank of 3 (Hold) [8]
General Motors Set to Report Q3 Earnings: Here's What to Expect