GM and Ford Crush Q1 Earnings Estimates, Raise Guidance
General Motors (GM) and Ford (F) reported better-than-expected Q1 2026 earnings, with both companies raising their full-year guidance. GM posted adjusted EPS of $2.62 vs. $2.15 expected, while Ford reported $0.49 vs. $0.42. Shares rose 3% and 2% respectively.
Key Numbers
General Motors (GM) and Ford (F) reported strong Q1 2026 earnings, beating analyst estimates and raising full-year guidance. GM posted adjusted EPS of $2.62 (vs. $2.15 consensus) on revenue of $43.0 billion, while Ford reported adjusted EPS of $0.49 (vs. $0.42) on revenue of $42.8 billion. GM shares rose 3% in after-hours trading, and Ford gained 2%.
Key Financial Results
| Metric | General Motors (GM) | Ford (F) |
|---|---|---|
| Revenue | $43.0B | $42.8B |
| Net Income | $3.2B | $1.9B |
| Adjusted EPS | $2.62 | $0.49 |
| Revenue YoY Growth | +7% | +5% |
| EPS YoY Growth | +12% | +8% |
Highlights from the Report
Both companies cited improved supply chains and strong demand for new vehicles, especially in North America. Ford benefited from robust F-150 pickup sales, while GM saw growth in its electric vehicle lineup.
Future Guidance
GM raised its full-year adjusted EBIT guidance to $9.5-$10.5 billion (from $8.5-$9.5 billion). Ford lifted its adjusted EBIT forecast to $10-$11 billion (from $9-$10 billion).
Stock Impact
Investors reacted positively, with GM up 3% and Ford up 2% after hours. Analysts view the raised guidance as a sign of sustained momentum.
What This Means for Investors
The results underscore the strength of the auto sector despite economic headwinds. However, investors should monitor demand trends and interest rates, as any slowdown could impact future sales.
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