The automatic giant reported adjusted profits consisting of consistent with a centenage of $ 1. 92 in the fourth quarter, exceeding the street view through $ 1. 86. Forty sales of $ 47. 70 billion (11%) exceeded the analyst’s estimate of $ 43,606 billion.
The company’s automotive operating cash flow in the quarter under review rose 1.6% year over year to $4.765 billion.
General Motors net net source of income from the fourth quarter of more than $ five billion due to special expenses.
This included $ billion in non -monetary restructuring rates and depreciation of Chinese joint companies.
See also: Tesla faces boycott call in Poland about the comments of World War II: “There is no general post purchase”
In addition, $0. 5 billion in fees came here from the disruption of funding for the robotaxi cruise business.
General Motors declared a benefit of $ 6. 0 billion from 2024 to the annual year and an adjusted EBIT of $ 14. 9 billion.
The company left the quarter with specie and equivalents of $22. 964 billion.
Dividend: General Motors declared a dividend in the quarterly money in the company’s flow shares of $ 0. 12 in accordance with the action, payable on March 20, 2025.
Outlook: For the 2010 monetary year, the company sees adjusted profit across a $11 to $12 percent versus the street view of $10. 84.
Cash from automotive operations is projected in the diversity of $21 billion to $24 billion.
The monetary directives of the Corporation in 2025 assume a solid political environment in North America and an estimated merit of $ 0. 5 billion to reduce the expenses of the year on cruise. Financial directives also come with early capital expenses of $ 10. 0 billion – $ 11. 0 billion, adding investments in corporate elaboration cotters.
Price Action: GM shares are quoted at 0. 95% decrease at $ 54. 40 forward of the newest on Tuesday.
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