General Motors Set to Report Q3 Earnings: Here's What to Expect

General Motors (GM) is scheduled to release its Q3 2025 earnings on October 21st, with current consensus estimates forecasting a year-over-year decline of 23.7% in EPS to $2.26 and 9.4% in revenue to $44.19 billion. Despite these projections, the automaker reported an 8% increase in U.S. sales, including a 107% surge in EV deliveries, and a 10.1% rise in China deliveries, where strategic restructuring is leading to market share gains and anticipated profitability this year. Analysts predict an earnings beat for GM, supported by a positive Earnings ESP and a Zacks Rank #3.

Analysis

General Motors (GM) is scheduled to release its Q3 2025 earnings on October 21st, with current Zacks Consensus Estimates projecting a year-over-year decline of 23.7% in EPS to $2.26 and a 9.4% decrease in revenues to $44.19 billion. The EPS estimate has seen a 6-cent reduction over the past 30 days, indicating some downward revision in analyst expectations. Despite these conservative forecasts, GM has a strong track record of surpassing earnings estimates, with an average surprise of 7.97% over the last four quarters.

The company's Q3 sales data reveals robust performance in key segments, with U.S. deliveries increasing 8% year-over-year to 710,347 units, driven by significant gains in Cadillac (+25%), Chevrolet (+8.3%), and GMC (+8.6%). Electric Vehicle (EV) sales were a standout, surging 107% to a record 66,501 units. In China, deliveries also grew 10.1% to 470,000 vehicles, with the Wuling Hong Guang MINIEV remaining a top performer.

GM's strategic restructuring efforts in China are demonstrating positive results, including market share gains among foreign OEMs and positive equity income from joint ventures. The company anticipates its China business will achieve profitability this year, a significant turnaround that is expected to have positively impacted Q3 performance. While North America (GMNA) segment projections indicate a decline in wholesale volumes (-11.2%) and revenues (-9.9%), the International (GMI) unit outside China is expected to see a substantial increase in operating income to $86 million from $42 million.

The Zacks model, combining a positive Earnings ESP of +5.02% and a Zacks Rank #3, predicts an earnings beat for General Motors in the upcoming report. This suggests that despite the lower consensus estimates, internal company dynamics and analyst revisions point towards a potential upside surprise. The overall sentiment for GM is moderately positive, reflecting optimism around its strategic initiatives and sales growth.

Key Decisions for Investors

• Monitor GM's Q3 2025 earnings report closely for an anticipated beat, given the positive Earnings ESP and Zacks Rank #3, which could lead to short-term positive price action.
• Evaluate the sustainability of EV sales growth and the progress of the China turnaround, as these are critical long-term drivers offsetting projected declines in North American wholesale volumes and revenues.
• Consider GM's consistent history of earnings beats (7.97% average surprise) as a factor against the downwardly revised consensus estimates, suggesting potential for upside.