General Motors (GM) reported Q4 adjusted earnings Tuesday of $1.24 per diluted share, down from $2.12 a year earlier.
Analysts polled by Capital IQ expected $1.14.
Revenue for the quarter ended Dec. 31 was $42.98 billion, down from $43.11 billion a year earlier.
Analysts surveyed by Capital IQ expected $39.47 billion.
For 2024, the company expects adjusted earnings of $8.50 to $9.50 per diluted share. Analysts polled by Capital IQ expect $7.76.
GM shares rose more than 7% in premarket trading.