General Motors is expected to announce its third-quarter earnings, with Wall Street estimating adjusted earnings per share at $3.63 and revenue at $48.70 billion. This would represent a slight increase in earnings compared to the previous year, while revenue remains relatively unchanged. In the same quarter last year, GM reported $48.59 billion in revenue and adjusted earnings per share of $2.80.
Investors are particularly interested in whether GM will raise its 2026 guidance, especially as the automotive industry faces potential challenges in the coming year. Analyst Rajat Gupta from JPMorgan noted that while results may meet or slightly exceed expectations, the focus will likely shift to revisions for 2027, with concerns about slowing sales and rising commodity costs.
GM had previously raised its 2026 forecast, projecting adjusted earnings before interest and taxes between $14 billion and $16 billion and adjusted automotive free cash flow between $9.5 billion and $11.5 billion. Additionally, updates on the launch of redesigned full-size pickup trucks, warranty improvements, and growth in software and service operations will be closely monitored by investors