General Motors is set to report earnings before the bell. Here's what Wall Street expects
General Motors is scheduled to release its first-quarter earnings before the market opens Tuesday, with Wall Street expecting adjusted earnings per share of $2.62 and revenue of $43.68 billion. These figures represent slight declines compared to the same period last year. Investors will also watch for updates on GM's 2026 guidance, geopolitical impacts from the Iran conflict, tariff effects, and additional charges tied to its reduced focus on electric vehicles. Despite past EV-related write-downs, GM's full-year 2026 outlook remains stronger than last year's performance.
- ▪Analysts expect GM to report $2.62 in adjusted earnings per share and $43.68 billion in revenue for the first quarter.
- ▪This would reflect a 1% revenue decline and a 5.8% drop in adjusted EPS year over year.
- ▪GM reported $44.02 billion in revenue and $2.78 billion in net income in the first quarter of 2025.
- ▪Investors are monitoring potential impacts from the Iran war, tariffs, and further charges related to GM's pullback from all-electric vehicles.
- ▪GM's 2026 guidance forecasts net income of $10.3 billion to $11.7 billion and adjusted EBIT of $13 billion to $15 billion.
- ▪GM anticipates additional EV-related charges in 2026, though at a lower level than the $7.6 billion write-down recorded in 2025.
Full article excerpt tap to expand
DETROIT – General Motors is set to report its first-quarter earnings before the bell Tuesday.Here's what Wall Street is expecting, based on a survey of analysts by LSEG:Earnings per share: $2.62 adjusted Revenue: $43.68 billion Those results would mark a roughly 1% decline in revenue compared with a year earlier and a 5.8% decrease in adjusted earnings per share. GM's 2025 first-quarter results included $44.02 billion in revenue, net income attributable to stockholders of $2.78 billion, and adjusted earnings before interest and taxes of $3.49 billion.Aside from earnings and any changes to the automaker's 2026 guidance, investors will be monitoring effects from the Iran war, tariff impacts and additional charges related to the automaker's pullback in all-electric vehicles.After announcing $7.6 billion in EV write-downs last year, the automaker said it expected additional charges but at a lower level than in 2025. GM's 2026 earnings guidance is better than its expectations and results from last year. It includes net income attributable to stockholders of between $10.3 billion and $11.7 billion; adjusted earnings before interest and taxes of $13 billion to $15 billion; and EPS of between $11 and $13 for the year.
This excerpt is published under fair use for community discussion. Read the full article at CNBC.
Discussion
0 commentsMore from CNBC
