GM Lifts 2025 Outlook After Q3 Beat, Trims Tariff Impact

Benzinga

GM raised its 2025 outlook after beating Q3 estimates, reporting $2.80 EPS and $48.6B in revenue. The automaker cut its tariff impact forecast and credited strong vehicle demand, sending shares up 9% premarket.

Transcript

00:00It's Benzinga bringing Wall Street to Main Street.

00:02General Motors raised its 2025 outlook on Tuesday after beating Wall Street's third-quarter estimates

00:07and lowering the expected impact of tariffs, according to CNBC.

00:10The automobile reported adjusted earnings per share of $2.80 versus $2.31 expected,

00:16revenue of $48.59 billion versus $45.27 billion expected.

00:21GMOs will trim its productive tariff impact to $3.5 billion to $4.5 billion,

00:26down from $4 billion to $5 billion, and expects to offset about 35%.

00:30CEO Mary Barra credited strong performance and a robust vehicle lineup for the company's raised guidance.

00:36CFO Paul Jacobson said EV profitability remains limited,

00:39with only 40% of models producing positive margins.

00:42Shares rose over 9% in pre-market trading on Tuesday.

00:45For all things money, visit Benzinga.com.

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