Bullish
General Motors (GM) reports strong Q2 earnings, raises 2026 profit outlook.
General Motors (GM) has reported robust second-quarter earnings, surpassing analyst expectations and raising its full-year profit outlook. The company achieved an adjusted earnings per share (EPS) of $3.57, exceeding the consensus estimate of $3.19, and revenue of $48.03 billion, surpassing the anticipated $46.61 billion. In response to this strong performance, GM has increased its full-year 2026 profit outlook by $500 million, now projecting an adjusted EBIT between $14 billion and $16 billion.
Key points
- GM's Q2 adjusted EPS of $3.57 beats expectations of $3.19.
- Revenue for the quarter reaches $48.03 billion, exceeding forecasts of $46.61 billion.
- Full-year 2026 profit outlook raised by $500 million to a range of $14–16 billion.
- Despite strong earnings, EV sales declined, with models like the Chevy Equinox EV dropping 61.8%.
Sources
- General Motors (NYSE: GM) Posts Record Pickup Truck Sales, Raises Full-Year Outlook As Tesla (TSLA) Stumbles On MarginsForeign Policy Journal · July 25, 2026
- General Motors (GM) Lifts 2026 Outlook: Is GM Stock Still a Buy?Insider Monkey · July 24, 2026
- General Motors Aktie News: General Motors gewinnt am NachmittagFinanzen.net · July 24, 2026
- General Motors Aktie KursbewegungFinanzen.net · July 24, 2026
AI-generated from public news sources. Not financial advice.
