GM Q2 Earnings Preview: Wall Street Eyes $3.20 EPS, $47B Revenue

General Motors (NYSE: GM) will report its Q2 2026 earnings before the bell on Tuesday, July 21. According to the LSEG consensus, analysts expect adjusted EPS of $3.20 on revenue of $47.01 billion.^[CNBCAs of 6:00 PM ET (July 21), GM was trading at $151.71 in after-hours, up 2.26% from the prior close of $148.36, with an intraday range of $148.48 to $151.76.

Earnings Schedule and Market Focus

General Motors will release Q2 financials before the bell on Tuesday, July 21, followed by an earnings call at 8:30 AM ET where management will discuss results and field analyst questions.^[CNBCKey metrics in focus include adjusted EPS, total revenue, North American auto margins, and full-year guidance. Investors will also watch for updates on GM's EV transition, Cruise autonomous-driving progress, and inventory management.

Wall Street Expectations and Industry Backdrop

Wall Street's Q2 expectations for GM are built on a relatively solid industry backdrop. Recent reports from other automakers and suppliers show that North American new-vehicle demand remains resilient and pricing power is holding up, despite macro uncertainty. GM reported adjusted EPS of $2.62 on revenue of $43 billion in Q1 2026, so the Q2 consensus of $3.20 EPS on $47.01 billion revenue implies sequential growth.^[CNBC

Other Earnings on July 21

Several other companies also reported Q2 results or related announcements on July 21. Financial services firm Ally Financial (NYSE: ALLY) reported Q2 results; the Charlotte, N.C.-based company had $200 billion in assets under management and 9.6 million customers as of June 30, 2026.^[FTEnergy services firm Halliburton (NYSE: HAL) reported Q2 revenue of $5.7 billion, up from $5.4 billion in Q1, with net income of $534 million, or $0.64 per share. North America revenue rose 7% sequentially to $2.3 billion, while international revenue grew 5% to $3.4 billion.^{[Oil & Gas 360}

Upcoming Earnings Calendar

Several companies have announced their upcoming earnings schedules. Power infrastructure firm Oncor Electric Delivery Company LLC (a Sempra subsidiary, NYSE: SRE) plans to report Q2 results on August 6, with Sempra hosting a call at 12:00 PM ET that day.^[FTDrug-container and diagnostics solutions provider Stevanato Group (NYSE: STVN) will report Q2 earnings on August 4 at 6:30 AM ET, followed by a call at 8:30 AM ET.^[BioSpaceMining company Luca Mining Corp. (TSXV: LUCA) reported Q2 production data on July 20, with a cash balance of approximately $24.7 million as of June 30, down from $36.4 million at the end of March, primarily due to ongoing investment in underground development and record exploration activity.^[TradingView

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