GM Q1 2026 Earnings Forecast: $2.59 EPS, $43.67B Revenue, 70% Beat Chance

TL;DR: GM is expected to report Q1 2026 earnings of $2.59 per share and revenue of $43.67 billion, both down year‑over‑year. A positive Zacks Earnings ESP combined with a Zacks Rank of 1‑3 gives the stock about a 70% chance of beating estimates.

Context General Motors (GM) faces a consensus outlook for a modest decline in both profit and sales when it reports results for the quarter ended March 2026. Analysts have trimmed the EPS estimate by 1.6% over the last month, reflecting cautious views on demand and cost pressures. The upcoming release is scheduled for April 28, and any deviation from these estimates could trigger a short‑term price move.

Key Facts GM’s projected earnings per share are $2.59, representing a 6.8% drop compared with Q1 2025. Revenue is forecast at $43.67 billion, a 0.8% decline from the same period last year. The Zacks Earnings ESP, which measures the difference between the most recent analyst estimate and the consensus, is currently positive for GM. When a positive ESP pairs with a Zacks Rank of 1 (Strong Buy), 2 (Buy) or 3 (Hold), historical data shows an earnings beat occurs roughly 70% of the time.

What It Means A positive ESP suggests that analysts who have recently updated their views expect GM to outperform the older consensus figure. The Zacks Rank adds a layer of confidence, indicating that the stock is rated favorably for near‑term performance. Together, these factors raise the likelihood of an earnings surprise, which could lift the share price if the beat is sizable. Conversely, a miss would likely press the stock lower, especially given the already bearish year‑over‑year trend.

Investors should watch the April 28 earnings call for management’s commentary on North American truck demand, electric‑vehicle rollout costs, and any guidance revisions that could shape the next quarter’s outlook.