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General Motors absorbs $1.1 billion in tariff costs

Detroit Free Press on MSN · 3h

General Motors' Q2 profits drop $1.1B after taking tariff hit

General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.

Seeking Alpha on MSN · 3h

General Motors takes tariff hit, reaffirms FY25 guidance

For the fiscal year, as GM ( NYSE: GM) continues to deploy mitigation efforts to offset the impact of import tariffs, net income is expected to be within a range of $7.7B to $9.5B, or $8.25 to $10 per share versus $9.25 per share estimates. Adjusted EBIT is targeted for $10B to $12.5B versus estimates of $11.25B.

MarketWatch on MSN · 1h

General Motors absorbs $1.1 billion in tariff costs as profit tops estimates

Auto giant’s stock falls in premarket trading after it reveals $1.1 billion in tariff costs in the second quarter, despite mitigation efforts.

31m

Stock market today: Nasdaq, S&P 500 slide amid wave of earnings as tariffs bite GM profit

US stocks were mixed as investors prepared for earnings season to pick up steam, with Big Tech earnings ahead.

29mon MSN

GM stock tanks 6% as Trump’s tariffs hit hard — is this just the beginning of more pain to come?

GM stock took a sharp 6% fall after the company revealed Trumps new auto tariffs cost them $1.1 billion in just one quarter.

4h

GM reports $3 billion in profits between April and June

GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.

TipRanks on MSN3h

GM Earnings: General Motors Stock Falls on Tariff Concerns Despite Q2 Beat

Shares of General Motors ($GM) are down 3.6% in pre-market trading at the time of writing, as the automaker warned of bigger ...

4hon MSN

GM's Earnings Top Estimates, But Automaker Warns of Larger Tariff Hit in Second Half

General Motors on Tuesday posted second-quarter results above analysts' estimates, but said it expects a bigger hit from ...

6h

GM's core profit slides in second quarter as Trump's tariffs bite

General Motors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront ...

11hon MSN

General Motors is set to report earnings before the bell. Here's what Wall Street expects

General Motors is set to report its second-quarter earnings before the bell Tuesday. Wall Street analysts expect adjusted ...

18h

GM inks deal to recycle EV batteries to power AI

The Detroit automaker signed an agreement with Redwood Materials to turn new and used EV batteries into storage systems to ...

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