Core Viewpoint - General Motors (GM) is expected to report a decline in quarterly earnings and revenues, with analysts predicting earnings of $2.45 per share, a decrease of 19.9% year-over-year, and revenues of $45.34 billion, down 5.5% from the previous year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted upward by 1%, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts forecast GM Financial's total net sales and revenue to reach $4.02 billion, reflecting a year-over-year increase of 2.6% [5]. - Total Automotive revenue is expected to be $41.02 billion, indicating a decline of 6.9% from the previous year [6]. - The estimate for Total Automotive - GMNA stands at $37.56 billion, showing a decrease of 7.8% year-over-year [6]. Vehicle Sales Estimates - Worldwide wholesale vehicle sales for GM are projected to reach 949.67 thousand, down from 1.04 million in the same quarter last year [8]. - The estimate for Worldwide - Wholesale Vehicle Sales - Total GMI is 131.05 thousand, compared to 140.00 thousand a year ago [8]. - Analysts predict GMNA's operating segments to generate $2.76 billion, a significant drop from $4.43 billion in the previous year [9]. Stock Performance - GM shares have increased by 10.6% over the past month, outperforming the Zacks S&P 500 composite, which rose by 4.2% [10].

Core Insights - Rivian Automotive reported a narrower loss of 41 cents per share for Q1 2025, compared to a loss of $1.19 in the same period last year, and better than the Zacks Consensus Estimate of a loss of 80 cents per share [1] - Revenues reached $1.24 billion, exceeding the Zacks Consensus Estimate of $1.02 billion, and reflecting a 3% year-over-year increase driven by growth in software and services revenues as well as automotive regulatory credits [1] Q1 Highlights - Total production for Rivian in Q1 2025 was 14,611 units, an increase from 13,980 units in the prior year, while deliveries decreased to 8,640 units from 13,588 units year-over-year [2] - Gross profit for the quarter was $206 million, a significant improvement from a gross loss of $527 million in the prior-year quarter, resulting in a gross margin of 17% [3] Financial Performance - Adjusted operating expenses decreased to $630 million from $677 million in the previous year, while adjusted loss before interest, taxes, depreciation, and amortization improved to $329 million from $798 million [3] - Net cash used in operating activities was $188 million, a substantial reduction from $1.27 billion in the same period of 2024, with capital expenditures rising to $338 million from $254 million year-over-year [4] Segment Performance - The Automotive segment generated revenues of $922 million, down 17.4% year-over-year, primarily due to limited EDV sales, but achieved a gross profit of $92 million compared to a gross loss of $497 million in the prior-year quarter [5] - The Software and Services segment saw revenues of $318 million, more than doubling year-over-year, with a gross profit of $114 million compared to a loss of $30 million in the same quarter of 2024 [6] Financial Position - As of March 31, 2025, Rivian had $4.69 billion in cash and cash equivalents, down from $5.29 billion at the end of 2024, with long-term debt slightly increasing to $4.443 billion [7] Guidance Revision - Rivian revised its 2025 delivery guidance to 40,000 to 46,000 vehicles, down from the previous estimate of 46,000-51,000 units, and expects adjusted EBITDA to remain negative in the range of $1.7 billion to $1.9 billion [8]