General Motors beats Wall Street estimates, reassesses full-year guidance amid auto tariffs
Publishing timestamp: 2025-04-29 04:01:01
Summary
General Motors beat Wall Street's first-quarter expectations but is reassessing its 2025 financial guidance due to expected cost increases and industry uncertainty regarding auto tariffs. The company reported strong first-quarter results but is suspending stock buybacks and waiting for more clarity on the economic and regulatory environment before making significant decisions.
Sentiment: MIXED
Tickers: GM,
Keywords: mary barra, donald j. trump, general motors co, transportation, autos, breaking news: business, paul jacobson, donald trump, earnings, business news, business, breaking news: earnings, trade,
Source: https://www.cnbc.com/2025/04/29/general-motors-gm-earnings-q1-2025.html