GM Raises 2026 Profit Forecast by $500 Million as Q2 EPS Jumps 41%
Updated
Updated · pluang.com · Jul 21
GM Raises 2026 Profit Forecast by $500 Million as Q2 EPS Jumps 41%
3 articles · Updated · pluang.com · Jul 21
Summary
$16 billion is GM’s new high-end 2026 earnings forecast after second-quarter adjusted EPS rose to $3.57 from a year earlier and beat expectations.
Q2 revenue climbed 1.9% to $48.03 billion, giving GM enough momentum to lift guidance despite $2.3 billion in one-time charges tied to its electric-vehicle realignment.
Premium truck pricing, stronger margins on large vehicles, cost cuts and lower tariff costs helped offset the EV-related hit.
The results position GM at the start of the S&P 500 earnings season with investors focused on how legacy automakers balance profits from trucks against costly electrification shifts.