GM Q4 2021 Earnings Report
Key Takeaways
General Motors reported Q4 2021 earnings with a decrease in revenue compared to the previous year. Net income was $1.7 billion, and EPS-diluted-adjusted was $1.35. The company's EBIT-adjusted was $2.8 billion, and adjusted automotive free cash flow was $6.4 billion.
GM reported Q4 net income of $1.7 billion.
EPS-diluted was $1.16 and EPS-diluted-adjusted was $1.35.
Q4 EBIT-adjusted reached $2.8 billion.
Adjusted automotive free cash flow was $6.4 billion.
GM
GM
Forward Guidance
GM expects full-year 2022 net income to be in the range of $9.4 billion to $10.8 billion and EBIT-adjusted to be in the range of $13.0 billion to $15.0 billion, assuming continued steady demand for new vehicles and no significant new economic or supply chain challenges. Full-year EPS-diluted and EPS-diluted-adjusted are expected to be between $6.25 and $7.25.
Positive Outlook
- Projected full-year net income between $9.4 billion and $10.8 billion.
- EBIT-adjusted expected to be between $13.0 billion and $15.0 billion.
- Full-year EPS-diluted is expected to be between $6.25 and $7.25.
- Company assumes continued steady demand for new vehicles.
- Company assumes no significant new economic or supply chain challenges.
Challenges Ahead
- Guidance is subject to economic and supply chain conditions.
- Actual results may differ materially due to a variety of factors.
- Forward-looking statements rely on assumptions and analysis.
- These statements are not guarantees of any future events or financial results.
- Company undertakes no obligation to update forward-looking statements.