BUZZ - General Motors shares fall as its full-year earnings forecast misses market expectations

October 20 - ** Automaker General Motors (GM.N) shares fell nearly 8% in pre-market trading to $76.2

(link) ** The company narrowed its full-year adjusted earnings per share forecast to between $12.75 and $13.75, with the midpoint below analyst expectations of $13.41—data compiled by LSEG

** The company expects adjusted EBIT in 2026 to be between $14.5 billion and $15.5 billion, a narrower range than the previous forecast of $14 billion to $16 billion

** The company stated it remains confident despite facing inflationary pressures from rising logistics and energy costs, tariffs, and other fees

** The report shows third-quarter adjusted earnings per share were $3.70, beating analyst expectations of $3.63—data compiled by LSEG

** As of the previous trading day’s close, the stock had risen about 2% so far this year

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