Here's What Key Metrics Tell Us About General Motors (GM) Q1 Earnings

Zacks Zacks Abrir en Zacks
Here's What Key Metrics Tell Us About General Motors (GM) Q1 Earnings

General Motors (GM) reported $43.62 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 0.9%. EPS of $3.70 for the same period compares to $2.78 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $43.94 billion, representing a surprise of -0.72%. The company delivered an EPS surprise of +41.81%, with the consensus EPS estimate being $2.61.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how General Motors performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Worldwide - Wholesale Vehicle Sales - Total GMNA: 793 thousand versus the four-analyst average estimate of 799.9 thousand. Worldwide - Wholesale Vehicle Sales - Total: 899 thousand compared to the 928.83 thousand average estimate based on four analysts. Worldwide - Wholesale Vehicle Sales - Total GMI: 106 thousand versus 128.93 thousand estimated by four analysts on average. Total net sales and revenue- GM Financial: $4.28 billion versus $4.13 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +2.7% change. Total net sales and revenue- Total Automotive- GMI: $2.86 billion compared to the $3.68 billion average estimate based on four analysts. The reported number represents a change of +17.8% year over year. Total net sales and revenue- Total Automotive: $39.35 billion versus $40.03 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -1.3% change. Total net sales and revenue- Total Automotive- GMNA: $36.4 billion compared to the $36.43 billion average estimate based on four analysts. The reported number represents a change of -2.6% year over year. Total net sales and revenue- Total Automotive- Corporate: $90 million versus $53.66 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +95.7% change. Total net sales and revenue- Reclassifications/Eliminations: $-1 million compared to the $-10.91 million average estimate based on three analysts. The reported number represents a change of -80% year over year. Operating segments- GMNA: $3.66 billion versus $2.7 billion estimated by four analysts on average. Operating segments- Corporate and eliminations: $-219 million versus $-424.24 million estimated by four analysts on average. Operating segments- GM Financial: $688 million versus $698.56 million estimated by four analysts on average.

View all Key Company Metrics for General Motors here>>>

Shares of General Motors have returned +7.2% over the past month versus the Zacks S&P 500 composite's +12.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

Free: See Our Top Stock And 4 Runners Up

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report


 
General Motors Company (GM): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research