Q2 Earnings Snapshot
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Despite a decrease in overall sales for the year, EVs are shining bright in the lead-up to September’s consumer credit deadline.
General Motors has revealed that tariffs imposed by Donald Trump’s administration sliced an eye-watering $1.1 billion from its second-quarter profits, causing a 3% dip in its stock price. That throbbing hit knocked GM’s operating earnings down by nearly a third compared to the same time last year, the published numbers revealed.
General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
GM tops Q2 earnings estimates on strength in North America and International units, despite lower Y/Y revenues and profits.
Today's pullback has put GM into the red for 2025, down 6.7%, and on track for its lowest close in nearly a month. Should these losses hold, General Motors stock will be on pace to log its worst daily drop since March 27.
General Motors posted revenues of $47.12 billion, down 2% year-on-year, but significantly higher than Street expectations of $45.84 billion.
General Motors (NYSE:GM) reported adjusted EPS of $2.53, topping analysts' $2.45 estimate, but revenue declined 1.8% year?on?year to $47.12 billion. The sales drop in key North American and China markets raised questions about demand resilience.
General Motors Co. in Detroit today reported second-quarter 2025 revenue of $47.1 billion and earnings before interest and taxes (EBIT)-adjusted of $3 billion.
General Motors has beaten analyst estimates for both earnings per share and revenue in more than 10 straight quarters. Will the streak continue?
General Motors Co. reported second-quarter earnings that beat analyst expectations, but shares fell 4.1% as profit declined significantly from last year due to weaker performance in its crucial North American market.