General Motors is expected to report second-quarter earnings on Tuesday with investors anticipating a profit increase despite a slight decline in revenue.
General Motors is set to report its second-quarter earnings before the market opens on Tuesday. Analysts expect the automaker to post adjusted earnings per share of $3.19 and adjusted EBIT of $3.7 billion. While revenue is projected to dip slightly to approximately $46.61 billion, the company is expected to see a significant increase in adjusted earnings compared to the previous year as tariff costs ease. The company maintained its position as the top-selling automaker in the U.S. despite a 4.2% decline in vehicle sales. This drop was largely attributed to discontinued models and a pullback in electric vehicle demand. However, strong performance in trucks and crossovers helped offset these losses. General Motors managed these results without heavy discounting, maintaining average transaction prices above $52,400. Wall Street analysts maintain a Moderate Buy consensus on the stock, with an average price target of $98.67. Options traders are currently pricing in a potential stock move of approximately $5.06 following the report.