{"id":888740,"date":"2026-10-20T10:40:13","date_gmt":"2026-10-20T10:40:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/888740\/"},"modified":"2026-10-20T10:40:13","modified_gmt":"2026-10-20T10:40:13","slug":"general-motors-gm-earnings-q3-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/888740\/","title":{"rendered":"General Motors (GM) earnings Q3 2026"},"content":{"rendered":"<p>DETROIT \u2014 <a href=\"https:\/\/www.cnbc.com\/quotes\/GM\/\" rel=\"nofollow noopener\" target=\"_blank\">General Motors<\/a> narrowed its 2026 earnings guidance and raised its free cash flow expectations after beating Wall Street&#8217;s third-quarter expectations.\u00a0<\/p>\n<p>The Detroit automaker also announced a new multiyear stock buyback of $20 billion after GM completed a $6 billion <a href=\"https:\/\/www.cnbc.com\/2025\/02\/26\/gm-raises-dividend-initiates-stock-buyback.html\" rel=\"nofollow noopener\" target=\"_blank\">share repurchase program<\/a> that was announced in January. GM did not disclose a specific time to complete the program.<\/p>\n<p>Here&#8217;s how GM performed in the third quarter, compared with average estimates compiled by LSEG:<\/p>\n<p>Earnings per share: $3.70 adjusted vs. $3.63 expectedRevenue: $50.02 billion vs. $48.7 billion expected<\/p>\n<p>The new guidance includes adjusted earnings before interest and taxes of between $14.5 billion and $15.5 billion, or $12.75 to $13.75 adjusted earnings per share, and adjusted automotive free cash flow of between $11.5 billion and $12.5 billion.<\/p>\n<p>That compares with its raised guidance from July that included adjusted EBIT of between $14 billion and $16 billion, or $12 to $14 adjusted EPS, and adjusted automotive free cash flow of $9.5 billion to $11.5 billion.<\/p>\n<p>Wall Street analysts were mixed before the report on whether GM would update its guidance Tuesday amid concerns of slowing sales and rising commodity costs.<\/p>\n<p>GM stock was off roughly 5% during premarket trading despite the earnings beats.<\/p>\n<p>GM on Tuesday said it expects commodity inflation costs to be around $2 billion, which was the high end of its previous guidance. That includes higher costs for logistics and dynamic random-access memory, or DRAM, chips <a href=\"https:\/\/www.cnbc.com\/2026\/10\/13\/cxmt-memory-chip-stock-rout.html\" rel=\"nofollow noopener\" target=\"_blank\">that are impacting multiple industries<\/a>.<\/p>\n<p>While the inflationary costs were at the automaker&#8217;s high end of guidance, GM said its gross tariff costs are expected to be at the low end of its expected $2.5 billion to $3.5 billion range. Warranty costs are expected to be at high end between $1 billion and $1.5 billion, GM said.<\/p>\n<p>&#8220;GM is performing well, and we are working hard to continue our momentum despite growing inflationary pressures through strategic investments in new products and services, and through improved quality and operating efficiency,&#8221; GM CEO <a href=\"https:\/\/www.cnbc.com\/mary-barra\/\" rel=\"nofollow noopener\" target=\"_blank\">Mary Barra<\/a> said Tuesday in a letter to shareholders.<\/p>\n<p>The automaker also said the <a href=\"https:\/\/www.cnbc.com\/2026\/01\/08\/gm-q4-charges-ev-china.html\" rel=\"nofollow noopener\" target=\"_blank\">costs of its pullback in all-electric vehicles<\/a> announced last year were &#8220;substantially completed,&#8221; saying it has recorded $11.2 billion in such charges since the second half of last year, including paying $4.6 billion of $7.4 billion in cash through the third quarter.<\/p>\n<p>The company&#8217;s net income attributed to stockholders was $3.3 billion during the third quarter, up roughly $2 billion from a year earlier.<\/p>\n<p>GM&#8217;s North American operations continued to lead the automaker&#8217;s results, accounting for $3.6 billion of its $4.1 billion in adjusted EBIT results during the third quarter.<\/p>\n<p>GM&#8217;s 2025 third-quarter results included $48.59 billion in revenue, net income attributable to stockholders of $1.3 billion and earnings per share of $2.80 adjusted.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"DETROIT \u2014 General Motors narrowed its 2026 earnings guidance and raised its free cash flow expectations after beating&hellip;\n","protected":false},"author":2,"featured_media":888741,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[10060,448,10906,28,122,8084,5888,12201,17760,6145],"class_list":["post-888740","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-autos","tag-breaking-news-business","tag-breaking-news-earnings","tag-business","tag-business-news","tag-earnings","tag-general-motors-co","tag-mary-barra","tag-spdr-sp-500-etf-trust","tag-transportation"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/888740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=888740"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/888740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/888741"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=888740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=888740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=888740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}