The company narrowed its full year 2026 adjusted EPS guidance to a range of $12.75 to $13.75, compared to its previous range of $12 to $14. GM raised its outlook for adjusted automotive free cash flow to $11.5B to $12.5B, up from $9.5B to $11.5B. CEO Mary Barra noted that Super Cruise penetration in the truck portfolio will grow four to five times next year, supported by the upcoming 2027 launches of Chevrolet Silverado and GMC Sierra pickups.
Tuesday, October 20, 2026
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GM Approves $20B Share Buyback After Q3 Earnings Beat
Earnings13 hours ago
General Motors sold 1.03 million vehicles in the third quarter, surpassing analyst expectations of 982,528 units. The automaker reported net sales and revenue of $50.02B against an estimated $48.53B and adjusted earnings per share of $3.70, beating the $3.56 forecast. To return capital to shareholders, GM's board authorized a $20 billion multi-year share repurchase program. North American adjusted EBIT reached $3.59B, beating projections, although international operations posted an adjusted EBIT of $28M, missing the $130.4M estimate.
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