Gm releases 2024 third-quarter results and updates full-year guidance

Detroit , oct. 22, 2024 /prnewswire/ -- general motors (nyse: gm) today reported third-quarter 2024 revenue of $48.8 billion, net income attributable to stockholders of $3.1 billion, and ebit-adjusted of $4.1 billion. gm is also updating its 2024 full-year earnings guidance for the third consecutive quarter: updated 2024 guidance previous 2024 guidance net income attributable to stockholders $10.4 billion - $11.1 billion $10.0 billion - $11.4 billion ebit-adjusted $14.0 billion - $15.0 billion $13.0 billion - $15.0 billion automotive operating cash flow $22.0 billion - $24.0 billion $19.2 billion - $22.2 billion adjusted automotive free cash flow $12.5 billion - $13.5 billion $9.5 billion - $11.5 billion eps-diluted $9.14 - $9.64 $8.93 - $9.93 eps-diluted-adjusted $10.00 - $10.50 $9.50 - $10.50 gm's 2024 financial guidance includes anticipated capital spending of $10.5 billion - $11.5 billion, inclusive of investments in the company's battery cell manufacturing joint ventures.
GM Ratings Summary
GM Quant Ranking