General Motors Reports Significant Q4 Revenue Growth

In an impressive financial disclosure, General Motors Company announced on Tuesday that its revenue for the fourth quarter of fiscal 2024 reached $47.7 billion. This marks an 11% increase compared to the same period last year, outperforming analysts' predictions. Despite this, the company faced a net loss attributable to stockholders of $2.9 billion, a stark contrast to the $2.1 billion income recorded a year prior. However, the adjusted diluted earnings per share (EPS) saw a remarkable 54.8% rise to $1.92.

Full-Year Results and 2025 Outlook

For the entirety of 2024, General Motors' revenue grew by 9.1% to $187 billion. Looking ahead, the automaker has set its 2025 guidance with an estimated net income attributable to stockholders ranging between $11.2 billion and $12.5 billion. The EPS-diluted is anticipated to be between $11 and $12.

"As we look to the year ahead, we will continue to allocate capital consistently and in a balanced manner, and our vehicle portfolio will continue to get stronger," stated CEO Mary Barra. Reflecting this optimism, GM's shares experienced a 1.77% increase during premarket trading, reaching $55.89 per share.