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GM beats second-quarter estimates, raises full-year guidance
['Sam Boughedda', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
The company also increased its adjusted EBIT guidance to $14.0 billion to $16.0 billion, up from the previous range of $13.5 billion to $15.5 billion.
Adjusted automotive free cash flow guidance was raised to $9.5 billion to $11.5 billion from $9.0 billion to $11.0 billion.
GM reported adjusted EBIT of $3.9 billion for the quarter, up 29.8% from $3.0 billion in the prior-year period.
The company's adjusted EBIT margin expanded to 8.2% from 6.4% in the second quarter of 2025.
GM International posted adjusted EBIT of $190 million, while China equity income reached $83 million.