General Motors (NYSE: GM) reported first-quarter 2026 adjusted earnings of $3.70 per share. This result significantly exceeded the analyst consensus estimate of $2.61 per share. Quarterly revenue reached $43.6 billion, surpassing the expected $43.38 billion. Net income attributable to stockholders totaled $2.6 billion.
The automaker raised its full-year 2026 profit guidance following the strong performance. GM now forecasts full-year earnings between $11.50 and $13.50 per share. This updated range sits above the analyst consensus of $12.24 per share. A $0.5 billion favorable adjustment from a U.S. Supreme Court tariff ruling supported the optimistic outlook.
GM stock rose significantly in pre-market trading following the announcement. The results serve as a key indicator of consumer demand within the consumer discretionary sector.