A General Motors Co. Chevrolet Silverado truck at a dealership in Upland, California, United States, Wednesday, October 15, 2025.
Kyle Grillot | Bloomberg | Getty Images
DETROIT — General engines is set to report its third-quarter results before the bell Tuesday, amid a litany of challenges facing the auto industry.
Here’s what Wall Street expects, according to average estimates compiled by LSEG:
- Earnings per share: $2.31 adjusted
- Income: $45.27 billion
These results would mark a 7.2% drop in revenue compared to a year earlier and a 22% drop in adjusted earnings per share. GM’s third-quarter 2024 results included revenue of $48.76 billion, net income attributable to shareholders of $3 billion and adjusted earnings before interest and taxes of $4.1 billion.
GM’s results come a week after the company announced a $1.6 billion special impact from its move away from all-electric vehicles. The cost, which includes a non-cash impact of $1.2 billion and $400 million in cash, will not affect its adjusted results, but it will hurt the automaker’s bottom line.
In addition to changes to electric vehicles, GM and the auto industry as a whole continue to face challenges from changing regulations, pricing, inflation and other disruptions.
Several Wall Street analysts expressed “investor concerns” that GM could miss its estimates for the quarter, as well as additional “downside risk” from changes in truck production, trim mix and other issues such as warranty costs.
GM Chief Financial Officer Paul Jacobson said in July that the impact of the tariffs would likely be “slightly higher” in the third quarter than in the previous quarter. He said at the time that GM still expected tariff costs to increase between $4 billion and $5 billion in 2025, of which the company hopes to offset at least 30 percent.
GM’s full-year guidance, changed in May due to tariffs, includes adjusted EBIT of $10 billion to $12.5 billion, or adjusted earnings per share of $8.25 to $10; net income attributable to shareholders of $7.7 billion to $9.5 billion; and automotive adjusted free cash flow of between $7.5 billion and $10 billion.
GM shares are up about 9% in 2025, as of Monday’s close.
This is developing news. Please check back for additional updates.