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General Motors Prepares for Q3 Earnings Report Following 12 Consecutive Beat Quarters

BullishMedium impact
GM$83.69 0.03%

General Motors Company (NYSE:GM) is scheduled to release its third-quarter financial results on Tuesday, Oct. 20, before the market opens. Wall Street analysts project adjusted earnings of $3.60 per share, up from $2.80 in the third quarter of last year, while quarterly revenue is expected to reach $48.6 billion. The automaker enters the announcement holding a 12-quarter streak of surpassing earnings estimates.

Investor attention will focus on full-year financial guidance alongside performance across key vehicle segments. In July, General Motors raised its 2026 full-year adjusted earnings forecast to a range of $12.00 to $14.00 per share. Meanwhile, domestic vehicle sales fell 6% in the third quarter to 670,974 units, and intense electric vehicle price competition in China continues to weigh on operations following nearly $11 billion in previous EV charges. On the growth side, subscription revenue from products like OnStar and Super Cruise has lifted deferred revenue to $6.3 billion.

Wall Street maintains an overall positive outlook on the stock, with 18 of 21 covered analysts rating the shares a Buy or Strong Buy. The average price target stands at $97 per share. General Motors will host an earnings conference call at 8:30 a.m. ET on Oct. 20 to review the quarterly performance and update its outlook.

Key points

  • General Motors reports third-quarter financial results on Tuesday, Oct. 20, before the market opens.
  • Analysts expect adjusted earnings of $3.60 per share on revenue of $48.6 billion.
  • The automaker has beaten quarterly earnings estimates for 12 consecutive quarters.
  • Full-year 2026 adjusted earnings guidance currently stands between $12.00 and $14.00 per share.
  • U.S. vehicle sales fell 6% in the third quarter to 670,974 units amid ongoing electric vehicle headwind pressures.

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Questions and answers

When does General Motors report Q3 earnings?

General Motors reports its third-quarter results on Tuesday, Oct. 20, before the stock market opens, followed by a conference call at 8:30 a.m. ET.

What are Wall Street earnings expectations for GM in Q3?

Analysts expect General Motors to report adjusted earnings of $3.60 per share, up from $2.80 in the year-ago period, and quarterly revenue of $48.6 billion.

What is General Motors' full-year earnings guidance?

In July, General Motors raised its 2026 full-year adjusted earnings guidance to between $12.00 and $14.00 per share, up from its prior range of $11.50 to $13.50 per share.