GM Beats Q2 Estimates, Raises 2026 Guidance Again, Declares Dividend
GM sits 58% above its 52-week low of $48.87.
Summary
GM reported Q2 2026 adjusted EPS of $3.57, beating estimates by $0.37, and raised full-year guidance for the second time this year. The company also declared a $0.18 quarterly dividend.
Key Events · Earnings and Guidance · GM
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Q2 Earnings Beat
Adjusted EPS of $3.57 exceeded consensus by $0.37; EBIT-adjusted rose 29.8% YoY to $3.9 billion, driven by North American truck strength.
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Full-Year Guidance Raised
2026 EBIT-adjusted guidance increased to $14.0-$16.0 billion (from $13.5-$15.5 billion) and adjusted EPS to $12.00-$14.00 (from $11.50-$13.50), marking the second raise this year.
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Dividend Declared
Board declared a quarterly cash dividend of $0.18 per share, payable September 17, 2026 to shareholders of record September 4, 2026.
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Strong Cash Flow
Adjusted automotive free cash flow was $5.0 billion in Q2, up 78% YoY, supporting capital returns and investment.
Analysis · GM · Manufacturing
General Motors delivered a strong second quarter, with adjusted EPS of $3.57 beating consensus by $0.37 and EBIT-adjusted surging 30% to $3.9 billion. Management raised full-year 2026 guidance for the second time this year, now projecting EBIT-adjusted of $14.0-$16.0 billion and adjusted EPS of $12.00-$14.00. The results underscore robust North American truck profitability and improving free cash flow, while the declared $0.18 quarterly dividend signals confidence in sustained cash generation. This is a material positive update that reinforces the investment thesis and should drive upward revisions to consensus estimates.
How filings like this one have moved
In the 30 days to Sep 15, 2026, 40.7% of the 388 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.42%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, GM was trading at $77.00 on NYSE in the Manufacturing sector, with a market capitalization of approximately $68.3B. The 52-week trading range was $48.87 to $87.62. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.