GM Narrows Full-Year Outlook on Commodity and Logistics Costs
General Motors narrowed its full-year financial outlook, citing rising commodity prices and logistics costs. Executives pointed to record copper prices and elevated steel prices.
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GM Narrows 2026 Profit Outlook as Shares Fall 7.16% Premarket
General Motors narrowed its 2026 adjusted EBIT outlook to $14.5 billion-$15.5 billion from $14 billion-$16 billion, and its adjusted EPS outlook to $12.75-$13.75 from $12-$14. Shares fell 7.16% to $76.82 in Tuesday premarket trading.