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When it comes to returning value to shareholders, there are two primary pathways: dividends and share buybacks. Each comes ...
In a letter to shareholders, GM CEO Mary Barra emphasized the $4 billion investment in U.S. manufacturing GM announced in the quarter, a change that adds 300,000 units of capacity for profitable ...
Pivoting to General Motors, which reported Q2 results last Tuesday, the company was hit with $1.1 billion in tarriffs, although Q2 EPS of $2.53 comfortably exceeded expectations of $2.39 by 6% but ...
On TipRanks, General Motors stock has a Moderate Buy consensus rating based on 13 Buys, six Holds, and two Sell ratings. Also, the average General Motors price target of $55.66 implies 4.6% upside ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
Net income of $1.89 billion, compared with the prior year’s second quarter of $2.93 billion. Total revenues of $47.1 billion, down 1.8% compared with $47.97 billion in second-quarter 2024.
Barra highlighted $4 billion of new investment in GM’s US assembly plants to add 300,000 units of capacity for high margin light-duty pickups, full-size SUVs and crossovers.
General Motors Company slumped in Tuesday’s premarket session after reporting a sharp drop in adjusted EBIT margins to 6.4% and a whopping $1.1 billion tariff headwind. The auto behemoth ...
General Motors' profit declined 35% in its second quarter, including a $1.1 billion hit from tariffs, but the automaker easily topped expectations and stuck by its full-year financial outlook that ...
Yikes. The reaction to General Motors’ earnings have taken a turn for the worse. After opening at more than $51 per share, shares are now trading down 7.5%, at $49.27 as of 11 a.m. ET. Our take ...
General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
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