General Motors Raises 2026 Profit Forecast Following Q1 Earnings Beat
General Motors raised its 2026 profit forecast after reporting first-quarter adjusted earnings that exceeded expectations, driven by a U.S. Supreme Court ruling that reduced its expected tariff costs by $500 million. The company's first-quarter adjusted EPS of $3.70 surpassed analyst estimates of $2.62 per share, though revenue dipped slightly year-over-year.
Tickers: $GM
Topics: Automotive Industry Earnings Profit Forecast Supreme Court Ruling Tariffs