General Motors shares have gained about 3.5% since the company reported second-quarter 2026 results a month ago, outperforming the S&P 500. The automaker posted adjusted earnings of $3.57 per share, up 41.3% year over year and beating the Zacks Consensus Estimate of $3.13 by 14.06%, while revenues rose 1.9% to $48.03 billion. GM raised its full-year adjusted EBIT guidance to $14-$16 billion and adjusted earnings per share to $12-$14, citing strong pricing and warranty performance. The company also repurchased $2 billion of stock and declared a quarterly dividend of 18 cents per share. Analyst estimates have trended upward over the past month, with the consensus estimate shifting 5.57% higher, and the stock currently carries a Zacks Rank #3 (Hold).
General Motors CompanyStrong Q2 earnings beat, raised guidance, and $2B buyback.
