General Motors Q1 Earnings Surpass Estimates, Revenues Rise Y/Y

General Motors GM reported first-quarter 2025 adjusted earnings of $2.78 per share, which surpassed the Zacks Consensus Estimate of $2.69. The bottom line also increased from the year-ago quarter’s $2.62. Higher-than-expected revenues from GM North America (GMNA) and GM Financial segments led to the outperformance. Revenues of $44.02 billion beat the Zacks Consensus Estimate of $42.5 billion and increased from $43.01 billion recorded in the year-ago period.The U.S. auto giant recorded adjusted earnings before interest and taxes (EBIT) of $3.49 billion, lower than $3.87 billion in the prior-year quarter. The automaker’s share in the GM market was 8.4% in the reported quarter, up from 8.1% in the year-ago quarter.General Motors Company Price, Consensus and EPS Surprise General Motors Company price-consensus-eps-surprise-chart | General Motors Company QuoteSegmental PerformanceGMNA generated net revenues of $37.39 billion, up from $36.10 billion recorded in the corresponding period of 2024. The figure also outpaced our model’s projection of $36.47 billion on higher-than-expected deliveries. Wholesale vehicle sales in the GMNA unit totaled 827,000 units, up from 792,000 units reported in the year-ago quarter. The figure also surpassed our estimate of 807,000 units. The segment’s adjusted EBIT totaled $3.29 billion, down from $3.84 billion recorded in the year-earlier period. The metric also missed our estimate of $3.91 billion.GM International’s (GMI) net revenues in the reported quarter amounted to $2.43 billion, down from the year-ago quarter’s $3.08 billion. The metric also missed our expectation of $3.54 billion on lower-than-expected deliveries. The segment’s wholesale vehicle sales of 85,000 units decreased from 104,000 units in the year-ago quarter and also missed our forecast of 102,000 units. GMI reported an operating profit of $30 million against the adjusted operating loss of $10 million reported in the year-ago period. GM Financial generated net revenues of $4.16 billion in the quarter, which increased from $3.81 billion recorded in the year-ago period and surpassed our prediction of $4 billion. The segment recorded an EBIT-adjusted operating profit of $685 million, down from $737 million recorded in the year-ago period. The metric missed our prediction of $707.8 million.GM Cruise recorded net revenues of $1 million in the first quarter compared with $25 million reported in the corresponding quarter of 2024. The segment posted an operating loss of $273 million, much narrower than a loss of $442 million reported in the prior-year quarter. The reported loss was also narrower than our estimate of a loss of $438.5 million.(Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Financial PositionGeneral Motors had cash and cash equivalents of $20.57 billion as of March 31, 2025. The long-term automotive debt at the end of the quarter was $13.44 billion. Net automotive cash provided by operating activities amounted to $2.4 billion during the quarter under review. The company recorded an adjusted automotive free cash flow of $811 million in the first quarter of 2025, down from $1.09 billion generated in the year-ago quarter.GM’s Zacks Rank & Key PicksGeneral Motors carries a Zacks Rank #3 (Hold) at present.Some better-ranked stocks in the auto space are Hesai Group HSAI and Standard Motor Products, Inc. SMP. HSAI sports a Zacks Rank #1 (Strong Buy), while SMP carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for HSAI’s 2025 earnings indicates year-over-year growth of 336.36%, respectively. EPS estimates for 2026 have improved 12 cents in the past seven days.The Zacks Consensus Estimate for SMP’s 2025 sales and earnings implies year-over-year growth of 16.61% and 10.73%, respectively. EPS estimates for 2025 have improved 5 cents in the past 60 days. EPS estimates for 2026 have improved by a penny in the past 30 days.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report General Motors Company (GM): Free Stock Analysis Report Standard Motor Products, Inc. (SMP): Free Stock Analysis Report Hesai Group Sponsored ADR (HSAI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks