company-earnings16.845 min read GM lifts full-year outlook after Q2 beat as tariffs ease and costs fall
GM beat Q2 expectations with revenue of $48.03B, adjusted EPS of $3.57 and adjusted EBIT of $3.94B, aided by cost cuts and tariff offsets, and raised full-year guidance to adjusted EBIT of $14.0–16.0B and adjusted EPS of $12.00–14.00 (auto free cash flow $9.5–11.5B). North America demand for pickups/SUVs remained solid (8.6% EBIT-adjusted margin in NA, up 2.5 points) while EV-related charges totaled about $4.5B in Q2 ($7.2B YTD). GM still sees EV losses improving by $1.0–$1.5B as credits and tariffs evolve, and while US vehicle volumes slipped about 4% to ~715k, the company held strong market positions in trucks and crossovers and maintained pricing discipline amid affordability headwinds.
8 hours ago•Source: Yahoo Finance
