GM Set to Report Q1 Earnings Amid Geopolitical and EV Transition Headwinds

General Motors is scheduled to report its first-quarter financial results before the market opens on Tuesday, with Wall Street bracing for a modest contraction in key performance metrics. According to LSEG analyst surveys, the automaker is expected to see a roughly 1% dip in revenue and a 5.8% decrease in adjusted earnings per share compared to the same period last year. The results come as GM navigates a complex landscape of shifting consumer demand for electric vehicles and escalating global instability. For comparison, GM's first-quarter 2025 results featured revenue of $44.02 billion, net income attributable to stockholders of $2.78 billion, and adjusted earnings before interest and taxes (EBIT) of $3.49 billion. Beyond the immediate numbers, the market is focused on potential headwinds stemming from the conflict in Iran and the implementation of tariffs. Additionally, the company is expected to report further charges related to its strategic pullback from all-electric vehicle targets, though these are projected to be lower than the $7.6 billion in write-downs recorded last year. Looking ahead, GM's 2026 guidance remains optimistic, projecting net income between $10.3 billion and $11.7 billion. The company's outlook also includes adjusted EBIT ranging from $13 billion to $15 billion and earnings per share between $11 and $13 for the full year.