Business & Economy · 7 views
General Motors beats Wall Street's Q3 earnings expectations, narrows full-year guidance
DETROIT — General Motors narrowed its 2026 earnings guidance and raised its free cash flow expectations after beating Wall Street's third-quarter expectations.
AI Summary
General Motors reported third‑quarter results that exceeded Wall Street forecasts, prompting the Detroit automaker to tighten its 2026 earnings outlook and lift its free‑cash‑flow projection. In conjunction with the earnings beat, GM unveiled a new multiyear stock buyback program valued at $20 billion, adding to a $6 billion share‑repurchase initiative launched in January. The company did not specify a timeline for completing the new buyback.
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