General Motors Delivers Q2 Beat, Braces For Higher Tariff Pressures Ahead
1. GM's revenue beat expectations at $47.12 billion despite a 2% drop yearly. 2. Earnings per share of $2.53 surpassed the consensus of $2.34. 3. Tariff impacts continue, with expectations of increased effects in the latter half. 4. Wedbush analyst maintains an Outperform rating with a price target of $55. 5. Shares declined 7.33% to $49.31 despite strong financial performance.