Why General Motors (GM) is Poised to Beat Earnings Estimates Again

Core Insights - General Motors (GM) has a strong track record of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 11.33% [1][5] - The company reported earnings of $1.92 per share for the most recent quarter, surpassing the expected$1.85 per share by 3.78% [2] - In the previous quarter, GM's earnings were $2.96 per share against an expectation of$2.49 per share, resulting in a surprise of 18.88% [2] Earnings Estimates and Predictions - There has been a favorable shift in earnings estimates for General Motors, indicated by a positive Earnings ESP (Expected Surprise Prediction) of +6.34% [5][8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [6][8] - The next earnings report for General Motors is anticipated to be released on April 29, 2025 [8]