General Motors Q2 Earnings: Wall Street Expects $3.20 EPS, $47.01B Revenue

General Motors is set to report its second-quarter earnings before the bell Tuesday. Wall Street analysts expect adjusted earnings per share of $3.20 and revenue of $47.01 billion, according to average estimates compiled by LSEG. Those results would mark a more than 26% increase in adjusted earnings per share and a 0.2% decline in revenue compared with a year earlier. Investors will monitor effects from tariffs, vehicle pricing, and commodity costs including DRAM chips.

Wall Street Expects $3.20 EPS and $47.01 Billion Revenue

Average estimates compiled by LSEG show Wall Street expects General Motors to report adjusted earnings per share of $3.20 and revenue of $47.01 billion for the second quarter. Those results would represent a more than 26% increase in adjusted earnings per share and a 0.2% decline in revenue compared with a year earlier.

GM's Q2 2025 Results Comparison

GM's 2025 second-quarter results included $47.12 billion in revenue, net income attributable to stockholders of $1.9 billion, and adjusted earnings before interest and taxes of $3.04 billion. The year-over-year comparison shows expected adjusted EPS growth of more than 26% while revenue is projected to decline 0.2%.

Barclays Analyst Forecasts Earnings Beat

Barclays analyst Dan Levy said he expects both GM and Ford Motor to post earnings beats for the second quarter "and at least a soft raise." Levy stated in a July 8 investor note that automakers "are benefiting from strong macro - US [seasonally adjusted annual rate] outperformed in 1H, while pricing has remained steady. Moreover, both Ford and GM have embedded conservatism in their guides."

GM Raised 2026 Guidance in April

GM raised its 2026 adjusted earnings guidance in April to reflect a $500 million tariff rebate to between $13.5 billion and $15.5 billion, or $11.50 to $13.50 a share. This represents an increase of $500 million, or 50 cents per share, from its previous expectations.

FAQ

What does Wall Street expect from General Motors' Q2 earnings? Wall Street analysts expect General Motors to report adjusted earnings per share of $3.20 and revenue of $47.01 billion for the second quarter, according to average estimates compiled by LSEG.

How do GM's expected Q2 results compare to last year? The expected results would mark a more than 26% increase in adjusted earnings per share and a 0.2% decline in revenue compared with a year earlier. GM's 2025 second-quarter results included $47.12 billion in revenue and adjusted earnings before interest and taxes of $3.04 billion.

What is GM's current 2026 earnings guidance? GM raised its 2026 adjusted earnings guidance in April to between $13.5 billion and $15.5 billion, or $11.50 to $13.50 a share, reflecting a $500 million tariff rebate and representing an increase of $500 million from previous expectations.