GM releases full-year and fourth-quarter 2024 results and 2025 guidance
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General Motors (GM) reported its full-year 2024 financial results, showing a net income of $6.0 billion and EBIT-adjusted of $14.9 billion. However, the fourth quarter of 2024 saw a net income loss of $3.0 billion, with EBIT-adjusted at $2.5 billion.
January 28, 2025 | 11:45 am
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General Motors reported a strong full-year 2024 performance with $6.0 billion in net income, but faced a challenging fourth quarter with a $3.0 billion net income loss.
The full-year results are positive, but the significant Q4 loss may concern investors, potentially leading to short-term stock price pressure.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100