General Motors (GM) Hits New High on Earnings Beat

We recently published 10 Stocks Leaving Wall Street in the Dust. General Motors Company (NYSE:GM) is one of the best performers on Tuesday.

General Motors jumped to a new all-time high on Tuesday, after beating analyst earnings expectations in the third quarter of the year.

In intra-day trading, General Motors Company (NYSE:GM) soared to its highest price of $67.55 before paring gains to end the day just up by 14.86 percent at $66.62 apiece.

During the past quarter, General Motors Company (NYSE:GM) logged $2.8 in adjusted earnings per share, beating the $2.31 as expected by analysts.

Revenues also stood at $48.59 billion, flat from the same period last year, but exceeded the $45.27 billion as analysts projected.

Net income attributable to shareholders declined by 56 percent to $1.327 billion from $3.056 billion in the same comparable period.

For the full-year 2025, General Motors Company (NYSE:GM) lowered the high-end guidance for attributable net profit, now at a range of $7.7 billion to $8.3 billion, versus the $7.7 billion to $9.5 billion as expected previously. Adjusted EBIT, on the other hand, was raised to $12 billion to $13 billion from the $10 billion to $12.5 billion prior.

The firm said its updated guidance reflected an improved tariff outlook for the rest of the year.

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Disclosure: None. This article is originally published at Insider Monkey.