GM Surpasses Expectations and Raises 2025 Outlook Despite EV Challenges

General Motors delivered a robust third-quarter performance, exceeding Wall Street forecasts and sending its stock soaring by more than 15%. The automaker reported adjusted earnings per share of $2.80, well above the $2.31 estimate, while revenue reached $48.59 billion, surpassing expectations of $45.27 billion.

The company raised its full-year guidance, now projecting adjusted EBIT between $12 billion and $13 billion, up from the previous range of $10 billion to $12.5 billion. Adjusted EPS for 2025 was also revised upward to $9.75 to $10.50, reflecting confidence in its financial trajectory despite broader electric vehicle market headwinds.

CEO Mary Barra attributed the strong results to the team's collective efforts and GM's compelling vehicle portfolio. The revised outlook suggests the automaker is navigating macroeconomic pressures more effectively than anticipated, with automotive free cash FLOW projections now set at $10 billion to $11 billion.