Story perspectives

GM Forecasts Q1 Losses Amid Tariff Costs, Weak EV Margins

4/28/2026

Summary

GM Faces Earnings Pressure

GM will release Q1 2026 earnings before the market opens on Tuesday, April 28, 2026.
Consensus expects EPS of $2.59, a 7% YoY decline, and revenue of $43.67 billion, a 1% drop.
Analysts say tariff-related cost guidance above $1–2 billion could pressure the stock.
GM’s China joint venture reported a material YoY decline in equity income in 2025.
GM’s electric-vehicle lineup, including the Silverado EV and Equinox EV, continues to post negative or near-zero gross margins.

Summary

GM Dividend Yield

General Motors (GM) pays a regular quarterly dividend of 18 cents per share, yielding 0.92% annually.
$500 a month requires about 8,333 shares, roughly approximately $650,391 invested.
If GM’s price reaches $60, the current 4% yield drops to 3.33%.
GM closed at $78.05 on Friday, down 0.6% from the previous session.

History

Historical Context

In 2009, facing $30.9 billion losses, General Motors filed Chapter 11 and received up to $50 billion from the U.S. Treasury, which took a 60% stake, forcing a 30% workforce reduction, closure of 12 plants and the sale of its Shanghai joint venture to SAIC for $2.5 billion. The 2024 earnings preview, showing $1-2 billion tariff costs and near-zero EV margins, reflects the same cost-discipline legacy of that bailout-driven restructuring.

1 of 3

GM Faces Earnings Pressure

GM will release Q1 2026 earnings before the market opens on Tuesday, April 28, 2026.
Consensus expects EPS of $2.59, a 7% YoY decline, and revenue of $43.67 billion, a 1% drop.
Analysts say tariff-related cost guidance above $1–2 billion could pressure the stock.
GM’s China joint venture reported a material YoY decline in equity income in 2025.
GM’s electric-vehicle lineup, including the Silverado EV and Equinox EV, continues to post negative or near-zero gross margins.

1 / 3