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Barchart
Barchart
Neha Panjwani

What to Expect From General Motors' Next Quarterly Earnings Report

GM

General Motors Company (GM), headquartered in Detroit, Michigan, is a leading automobile company that designs, manufactures, and markets cars, trucks, gas-powered pickups, SUVs, and automobile parts as well as provides software-enabled services and subscriptions. Valued at $58.9 billion by market cap, the company offers a broad range of vehicle portfolio under the Buick, Cadillac, Chevrolet, and GMC brand names as well as a range of EVs and also offers after-sales services through its dealer network. The auto giant is expected to announce its fiscal fourth-quarter earnings for 2024 before the market opens on Tuesday, Jan. 28.

Ahead of the event, analysts expect GM to report a profit of $1.75 per share on a diluted basis, up 41.1% from $1.24 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.

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