GM, Ford seen reporting in-line to 'slight beats' in Q2

General Motors (GM) is scheduled to report quarterly results before market open on Tuesday, July 21, with a conference call scheduled for 8:30 am EST, while Ford (F) is scheduled to report after market close on Tuesday, July 28, with a conference call scheduled for 5:00 pm EST. What to watch for: GM SALES: Earlier in July, GM reported sales in Q2 totaling 714,896 vehicles, a decline of 4.2% compared with the same period a year earlier, which "reflected the smaller EV market, discontinued vehicles and some inventory constraints," GM stated. "Our business is performing well, and customer demand is resilient, especially for our trucks and SUVs. The depth, breadth and appeal of our vehicle portfolio allows us to lead the market in sales, while maintaining discipline on inventory, pricing and incentives to deliver strong margins," said Duncan Aldred, GM President of North America. GM GUIDANCE: Along with its Q1 earnings, the company raised its FY26 adjusted EPS guidance to $11.50-$13.50 from $11.00-$13.00. Consensus, which stood at $12.24 at the time, has since risen to $12.79. The company also raised its FY26 EBIT-adjusted view to $13.5B-$15.5B from $13B-$15B. The company lowered its.