April 23 (Reuters) - General Motors Co GM.N:

    * ‍Q1 ADJUSTED EPS $2.62 VERSUS LSEG IBES ESTIMATE $2.15

    * Q1 EPS $2.56

    * ‍Q1 REVENUE $43.01 BILLION VERSUS LSEG IBES ESTIMATE

$41.92

BILLION

    * Q1 TOTAL WORLDWIDE VEHICLE SALES 1.35 MILLION UNITS VERSUS

1.38

MILLION UNITS YEAR-AGO

    * OUTLOOK FY ADJUSTED EPS $9 TO $10 VERSUS LSEG IBES

ESTIMATE

$9.08

    * OUTLOOK FY ADJUSTED EBIT $12.5 BILLION TO $14.5 BILLION

    * OUTLOOK FY CAPITAL SPENDING $10.5 BILLION TO $11.5 BILLION

    * OUTLOOK FY EPS $8.94 TO $9.94

    * Q1 ADJUSTED EBIT LOSS IN CRUISE SEGMENT $400 MILLION

VERSUS $600

MILLION YEAR-AGO

    * Q1 CHINA EQUITY LOSS $106 MILLION VERSUS PROFIT $83

MILLION

YEAR-AGO

    * SEES ULTIUM EV PRODUCTION RAMP TO ACCELERATE FURTHER IN H2

    * ON TRACK FOR POSITIVE VARIABLE PROFIT FOR ULTIUM EV IN H2

    * ON TRACK TO ACHIEVE NET $2 BILLION FIXED COST REDUCTION

PROGRAM

BY END OF YEAR

    * SEES MID SINGLE-DIGIT EBIT EV MARGIN IN 2025

    * PAID $450 MILLION IN DIVIDENDS IN Q1

    * GM CEO, IN LETTER TO SHAREHOLDERS, SAYS IN EV BUSINESS,

SEES

GOOD EARLY SALES MOMENTUM FOR VEHICLES LIKE CADILLAC LYRIQ

    * GM CEO: IN EV BUSINESS, SEES IMPROVEMENTS IN PROFITABILITY

DUE

TO SCALE, MATERIAL COST & MIX IMPROVEMENTS

    * GM CEO: EXPECTS TO DOUBLE CURRENT CAPACITY OF BATTERY

MODULE

PRODUCTION BY END OF SUMMER

    * GM CFO SAYS CONSUMER HAS BEEN 'REMARKABLY RESILIENT'

    * GM CEO: ULTIUM CELLS RAMPING UP PRODUCTION OF BATTERY

CELLS AT

PLANTS IN OHIO & TENNESSEE

]

((Reuters.Briefs@thomsonreuters.com;;))