Shares of General Motors (GM) will be in focus on Tuesday, October 20, as the US automaker is scheduled to announce its third-quarter 2026 financial results before the opening bell. Wall Street analysts expect a sharp increase in earnings, supported by improving profitability despite relatively flat revenue growth.
The consensus earnings-per-share (EPS) estimate has risen to $3.63 from $3.55 over the past month, marking an increase of 2.3%. Over the past 90 days, the forecast has climbed 11.3% from $3.26, indicating improving analyst expectations ahead of the earnings announcement.
The upward revisions suggest that analysts may be factoring in stronger vehicle pricing, improved production efficiency or a more favourable sales mix. However, the company's actual performance and outlook will determine whether it meets these expectations.
General Motors shares were trading lower on Monday ahead of the quarterly results. At 1:15 p.m., the stock was down 1.86%, or $1.56, at $82.40 per share.
Despite the day's decline, the stock remained up 1.79% year to date.