DETROIT — General Motors is set to report its third-quarter earnings before the bell Tuesday amid a litany of challenges facing the automotive industry.

Here is what Wall Street is expecting, according to average estimates compiled by LSEG:

• Earnings per share: $2.31 adjusted
• Revenue: $45.27 billion

Those results would mark a 7.2% decrease in revenue compared with a year earlier and a 22% drop in adjusted earnings per share. GM’s 2024 third-quarter results included $48.76 billion in revenue, net income attributable to stockholders of $3 billion and adjusted earnings before interest and taxes of $4.1 billion.

GM’s results come a week after the company pre-reported a $1.6 billion special-item impact from its pullback in all-electric vehicles. The cost, which includes a $1.2 billion noncash impact and $400 million in cash, will not affect its adjusted results, but it will hurt the automaker’s bottom line.

Aside from EV changes, GM and the broader auto industry continue to face challenges from changing regulations, tariffs, inflation and other disruptions.

Several Wall Street analysts expressed “investor concerns” that GM could miss estimates for the quarter, as well as additional “downside risk” due to shifts in truck production, trim mix and other issues such as warranty costs.

GM CFO Paul Jacobson in July said the tariff impact will likely be “slightly higher” during the third quarter than it was in the prior quarter. He said at the time that GM still expects between $4 billion and $5 billion in increased tariff costs in 2025, at least 30% of which the company expects to offset.

GM’s full-year guidance, which it modified in May due to tariffs, includes adjusted EBIT of between $10 billion and $12.5 billion, or $8.25 to $10 adjusted earnings per share; net income attributable to stockholders of $7.7 billion to $9.5 billion; and adjusted automotive free cash flow between $7.5 billion and $10 billion.

Shares of GM are up about 9% in 2025, as of Monday’s close.

This is developing news. Please check back for additional updates.