GM's Earnings Top Estimates, But Automaker Warns of Larger Tariff Hit in Second Half
1. GM's Q2 results exceeded analysts' expectations but revenue fell 1.8%. 2. Tariffs may pose a larger challenge in Q3 and affect Q4 as well. 3. Adjusted EPS forecast reduced earlier from $11-$12 down to $8.25-$10. 4. GM aims to mitigate 30% of $4-$5 billion tariff impact through adjustments. 5. Shares dropped over 3% in premarket trading after the earnings report.