General Motors' first quarter adjusted EPS of $3.70 beats estimates, prompting raised 2026 guidance.

General Motors reported first quarter 2026 revenue of $43.6 billion, slightly missing consensus estimates, but delivered a significant beat on adjusted EPS, which rose 33% year-over-year to $3.70.

Key Highlights

• Management raised its full-year 2026 guidance, with adjusted EBIT now expected between $13.5 billion and $15.5 billion, and adjusted EPS in the range of $11.50 to $13.50.
• The guidance increase was primarily attributed to a favorable $0.5 billion adjustment following a U.S. Supreme Court ruling on tariffs.
• North American operations remained a key driver, as adjusted EBIT for the segment grew 11.4% to $3.7 billion and margins expanded 1.3 percentage points to 10.1%.