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Here's What Key Metrics Tell Us About General Motors (GM) Q3 Earnings

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For the quarter ended September 2026, General Motors (GM - Free Report) reported revenue of $50.02 billion, up 2.9% over the same period last year. EPS came in at $3.70, compared to $2.80 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $48.21 billion, representing a surprise of +3.75%. The company delivered an EPS surprise of +4.23%, with the consensus EPS estimate being $3.55.

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 GMI: 159 thousand versus 138.12 thousand estimated by five analysts on average.
  • Worldwide - Wholesale Vehicle Sales - Total: 1.03 million versus the five-analyst average estimate of 971.75 thousand.
  • Worldwide - Wholesale Vehicle Sales - Total GMNA: 870 thousand versus 833.64 thousand estimated by five analysts on average.
  • Total net sales and revenue- GM Financial: $4.31 billion compared to the $4.4 billion average estimate based on five analysts. The reported number represents a change of -0.6% year over year.
  • Total net sales and revenue- Total Automotive- GMNA: $41.42 billion versus the five-analyst average estimate of $40.22 billion. The reported number represents a year-over-year change of +2.1%.
  • Total net sales and revenue- Total Automotive- GMI: $4.09 billion versus $3.68 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +12.1% change.
  • Total net sales and revenue- Total Automotive: $45.71 billion compared to the $43.84 billion average estimate based on four analysts. The reported number represents a change of +3.3% year over year.
  • Total net sales and revenue- Total Automotive- Corporate: $201 million compared to the $84.94 million average estimate based on four analysts. The reported number represents a change of +235% year over year.
  • Total net sales and revenue- Reclassifications/Eliminations: $-3 million versus $-9.5 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +50% change.
  • Operating segments- GMNA: $3.59 billion versus the four-analyst average estimate of $3.32 billion.
  • Operating segments- Corporate and eliminations: $-183 million compared to the $-328.04 million average estimate based on four analysts.
  • Operating segments- GM Financial: $668 million versus $775.41 million estimated by four analysts on average.

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

Shares of General Motors have returned -1.4% over the past month versus the Zacks S&P 500 composite's +0.7% 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.

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