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GM Q4 2023 earnings were headlined by $2.1 billion in net income on $43 billion in revenue. Compared to the fourth quarter of 2022, the results represent a 5.2 percent increase in net income and ...
GM reported the UAW strike cost close to $1 billion in Q4, along with other hits. It is planning to relaunch Cruise and expects EV profits this year.
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GM Q4 earnings beat estimates as EV business turns the corner, company boosts 2025 profit guidance - MSNGM reported adjusted earnings per share (EPS) of $1.92 on Tuesday, versus the $1.83 expected. Adjusted earnings before interest and taxes (EBIT) was $2.50 billion, up 42.8% compared to a year ago.
GM stock jumps 7.8% on Q4 sales and profit beat, bullish 2024 profit outlook GM CEO Mary Barra said EV growth has slowed, which has 'created some uncertainty.' ...
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GM Q4 results top estimates as EV business turns the corner, as Trump regulatory and tariff threats remain - MSNGM reported adjusted earnings per share (EPS) of $1.92, versus the $1.83 expected. Adjusted earnings before interest and taxes (EBIT) was $2.509 billion, up 42.8% compared to a year ago.
In Q4, GM sold a total of 19,469 EVs in Q4, a small decrease from last quarter’s total of 20,092, and a significant increase from Q4 2022 which had 16,266 EV sales.
GM beats expectations for Q4 and full-year profits, ... General Motors on Tuesday reported pretax profit gains of $1 billion in the fourth quarter to $3.79 billion.
GM reported the UAW strike cost close to $1 billion in Q4, along with other hits. It is planning to relaunch Cruise and expects EV profits this year.
GM Q4 net income rises 15% to $2 billion; revenue surged 28% to $43.1 billion. GM shares gained 3.5 percent on the day.
General Motors BEV Sales in the U.S. - Q4 2023. In 2023, GM delivered 75,883 all-electric vehicles in the U.S., about 2.9% of its total volume, which is some 93% more than a year ago.
On GM's Q4 earnings call and 2023 wrap-up, the automaker remains bullish on EVs—including EV profits—after a notoriously tough year.
GM reported adjusted earnings per share (EPS) of $1.92 on Tuesday, versus the $1.83 expected. Adjusted earnings before interest and taxes (EBIT) was $2.50 billion, up 42.8% compared to a year ago.
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