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2026-08-29
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Investor releaseQuarter not tagged2026-08-29

NIO's Next Earnings Report on September 1 Could Send the Stock Soaring. Here's Why.

Motley Fool
Electric vehicles (EVs) have had a rough ride over the last two years in the U.S., with major carmakers like Ford and Honda curtailing EV production, or even canceling some EV models outright. That stands in sharp contrast to the rest of the world, particularly China, where EV carmakers – juiced by government incentives and an opportunity to seize market share from dominant U.S. and European brands – are flourishing after years of early stage struggles. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » One Chinese EV maker, Nio (NYSE:NIO), has been hit particularly hard over the last five years. But its upcoming earnings report could send the stock soaring. Here's why Nio's upcoming earnings report could be a game changer for its shareholders. Image source: The Motley Fool. Although battery-powered electric vehicles (BEVs) are cheaper to operate and maintain than gasoline or hybrid vehicles, there are two important metrics on which they aren't yet competitive with their fossil-fuel-powered brethren: cost and refueling time. BEVs generally cost thousands of dollars more than comparable gas-powered vehicles or hybrids, and powering them to a full charge, even at a high-powered DC fast-charging station, takes 20 to 60 minutes, far longer than filling up at a gas station. Nio has come up with a unique solution for these problems. Instead of including the batteries in the purchase price of a Nio vehicle, Nio allows buyers to subscribe to a "Battery-as-a-Service" feature for a monthly fee. Image source: Getty Images. Paying the fee allows drivers to visit a special Nio "battery swap" station where they swap their depleted battery array for a fully charged one. The process takes only a few minutes, comparable to the time it takes to fill a gas tank. This system allows Nio to advertise a lower sticker price for its vehicles and lock in a recurring revenue stream from the battery-swap service. The only problem for Nio is that, for the battery swap service to be a viable option, it needs to build and maintain a network of battery swap stations, which entails high upfront costs. Nio's shares bottomed out at $3.14/share in early 2025. After it posted…Read full document

Electric vehicles (EVs) have had a rough ride over the last two years in the U.S., with major carmakers like Ford and Honda curtailing EV production, or even canceling some EV models outright. That stands in sharp contrast to the rest of the world, particularly China, where EV carmakers – juiced by government incentives and an opportunity to seize market share from dominant U.S. and European brands – are flourishing after years of early stage struggles. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » One Chinese EV maker, Nio (NYSE:NIO), has been hit particularly hard over the last five years. But its upcoming earnings report could send the stock soaring. Here's why Nio's upcoming earnings report could be a game changer for its shareholders. Image source: The Motley Fool. Although battery-powered electric vehicles (BEVs) are cheaper to operate and maintain than gasoline or hybrid vehicles, there are two important metrics on which they aren't yet competitive with their fossil-fuel-powered brethren: cost and refueling time. BEVs generally cost thousands of dollars more than comparable gas-powered vehicles or hybrids, and powering them to a full charge, even at a high-powered DC fast-charging station, takes 20 to 60 minutes, far longer than filling up at a gas station. Nio has come up with a unique solution for these problems. Instead of including the batteries in the purchase price of a Nio vehicle, Nio allows buyers to subscribe to a "Battery-as-a-Service" feature for a monthly fee. Image source: Getty Images. Paying the fee allows drivers to visit a special Nio "battery swap" station where they swap their depleted battery array for a fully charged one. The process takes only a few minutes, comparable to the time it takes to fill a gas tank. This system allows Nio to advertise a lower sticker price for its vehicles and lock in a recurring revenue stream from the battery-swap service. The only problem for Nio is that, for the battery swap service to be a viable option, it needs to build and maintain a network of battery swap stations, which entails high upfront costs. Nio's shares bottomed out at $3.14/share in early 2025. After it posted a quarterly net profit for the first time, the stock jumped to $6.87/share in April, but has since fallen back to $4.38/share, down 93% from its all-time high. Despite the decline in its share price, Nio's trailing twelve-month (TTM) revenue has skyrocketed this year to $14.3 billion. That's because Nio's vehicle deliveries have been soaring. As of July 31, Nio had delivered 227,057 vehicles, a 68% increase from July 2025. But revenue growth has never been a problem for Nio. Profitability has. Nio's TTM net losses had been moving in the wrong direction for almost a decade, hitting a low point of -$3.4 billion in Q3 2025. Since then, the company has seen remarkable improvement in its bottom line. It even managed to squeak out a net profit of $17.1 million in Q4 2025, only to post a net loss again in Q1 2026. That single quarter of net profit immediately caused a 20% jump in the company's stock price. Over the next several weeks, it continued to climb to a 45.6% gain. But the return to a net loss in Q1 had the exact opposite effect: an immediate plunge in share price, followed by months of declines. If Nio's management announces a net profit in its Q2 earnings report on Tuesday, investors should expect the stock to immediately pop, just like it did in Q4. Before you buy stock in Nio, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nio wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $440,710!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,335,252!* Now, it’s worth noting Stock Advisor’s total average return is 978% — a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of August 29, 2026. John Bromels has positions in Ford Motor Company and Nio. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. NIO's Next Earnings Report on September 1 Could Send the Stock Soaring. Here's Why. was originally published by The Motley Fool

Investor releaseQuarter not tagged2026-08-27

Ford Motor (F) Down 9% Since Last Earnings Report: Can It Rebound?

Zacks
It has been about a month since the last earnings report for Ford Motor Company (F). Shares have lost about 9% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Ford Motor due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Ford reported second-quarter 2026 adjusted earnings of 42 cents per share, beating the Zacks Consensus Estimate of 33 cents by 27.27%. Earnings rose 13.5% from 37 cents a year ago. Favorable mix and net pricing helped lift adjusted EBIT by 17% to $2.5 billion, while adjusted EBIT margin expanded to 5.2% from 4.3%. Automotive revenues of $44.89 billion fell 4.4% year over year and missed the consensus mark of $45.72 billion by 1.81%. The company’s consolidated second-quarter revenues came in at $48.3 billion, down 3.7% year over year. Wholesale units declined 12% year over year to 1,039,000, reflecting product discontinuations, aluminum supply constraints and lower Gen-1 electric vehicle volumes. The lower volume base pressured the top line, but Ford’s focus on higher-value products supported profitability. Strong mix and net pricing were the main contributors to the quarter’s EBIT improvement. Off-road vehicles accounted for nearly one-fourth of U.S. sales, while the Bronco family posted record second-quarter sales. Ford Blue revenues increased 1% year over year to $26.1 billion despite an 8% decline in wholesales to 639,000 units. Segment EBIT climbed 72% to $1.135 billion, while the EBIT margin improved to 4.4% from 2.6%. The gain reflected favorable product mix, higher net pricing and disciplined channel management. Explorer and Expedition retail sales rose 22%, while the off-road mix increased more than four percentage points in the quarter. Ford Model e revenues plunged 56% year over year to $1 billion as wholesales fell 53% to 28,000 units. However, the segment’s EBIT loss narrowed 31% to $919 million, marking a third consecutive quarter of year-over-year improvement. Structural cost reductions, right-sized Gen-1 volumes and lower U.S. incentives aided results. Management expects Gen-1 EBIT to improve about 40% in 2026 as it continues investing in the Universal Electric Vehicle platform and F…Read full document

It has been about a month since the last earnings report for Ford Motor Company (F). Shares have lost about 9% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Ford Motor due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Ford reported second-quarter 2026 adjusted earnings of 42 cents per share, beating the Zacks Consensus Estimate of 33 cents by 27.27%. Earnings rose 13.5% from 37 cents a year ago. Favorable mix and net pricing helped lift adjusted EBIT by 17% to $2.5 billion, while adjusted EBIT margin expanded to 5.2% from 4.3%. Automotive revenues of $44.89 billion fell 4.4% year over year and missed the consensus mark of $45.72 billion by 1.81%. The company’s consolidated second-quarter revenues came in at $48.3 billion, down 3.7% year over year. Wholesale units declined 12% year over year to 1,039,000, reflecting product discontinuations, aluminum supply constraints and lower Gen-1 electric vehicle volumes. The lower volume base pressured the top line, but Ford’s focus on higher-value products supported profitability. Strong mix and net pricing were the main contributors to the quarter’s EBIT improvement. Off-road vehicles accounted for nearly one-fourth of U.S. sales, while the Bronco family posted record second-quarter sales. Ford Blue revenues increased 1% year over year to $26.1 billion despite an 8% decline in wholesales to 639,000 units. Segment EBIT climbed 72% to $1.135 billion, while the EBIT margin improved to 4.4% from 2.6%. The gain reflected favorable product mix, higher net pricing and disciplined channel management. Explorer and Expedition retail sales rose 22%, while the off-road mix increased more than four percentage points in the quarter. Ford Model e revenues plunged 56% year over year to $1 billion as wholesales fell 53% to 28,000 units. However, the segment’s EBIT loss narrowed 31% to $919 million, marking a third consecutive quarter of year-over-year improvement. Structural cost reductions, right-sized Gen-1 volumes and lower U.S. incentives aided results. Management expects Gen-1 EBIT to improve about 40% in 2026 as it continues investing in the Universal Electric Vehicle platform and Ford Energy. Ford Pro revenues declined 5% year over year to $17.8 billion as wholesales fell 13% to 372,000 units. Segment EBIT dropped 26% to $1.718 billion, and the EBIT margin narrowed to 9.7% from 12.3%. Temporary Novelis-related aluminum constraints weighed on Super Duty production. Ford expects to recover postponed fleet orders in the second half, with additional capacity from the Oakville facility supporting improved availability. On the brighter side, total paid subscriptions grew about 50% to roughly 1.6 million, including more than 900,000 Ford Pro Intelligence subscriptions. BlueCruise paid subscriptions rose 20% and represented half of retail integrated-services revenues. Ford Credit generated pretax earnings of $757 million, up $112 million from the prior-year quarter. The improvement reflected a strong financing margin, a high-quality portfolio and disciplined capital and risk management. Operating cash flow totaled $4.3 billion, while adjusted free cash flow was $2.1 billion. Ford ended the quarter with $22.3 billion in cash and $43.4 billion in total liquidity. The company reported a GAAP net loss of $1.3 billion, including a $3.6 billion largely non-cash charge tied to the BlueOval SK joint venture disposition. Ford also declared a regular quarterly dividend of 15 cents per share. Ford raised its full-year adjusted EBIT outlook to $10-$11 billion from $8.5-$10.5 billion. It also increased adjusted free cash flow guidance to $6-$7 billion from $5-$6 billion, while keeping capital spending at $9.5-$10.5 billion. By segment, Ford now expects Ford Blue EBIT of $5-$5.5 billion, Ford Pro EBIT of $7-$7.5 billion, a Model e loss of about $4 billion and Ford Credit pretax earnings above $2.5 billion. The outlook assumes a U.S. SAAR of 16-16.5 million units and about $1 billion in material and warranty cost reductions. In the past month, investors have witnessed a upward trend in estimates review. The consensus estimate has shifted 26.98% due to these changes. Currently, Ford Motor has a average Growth Score of C, however its Momentum Score is doing a bit better with a B. Charting a somewhat similar path, the stock was allocated a score of A on the value side, putting it in the top 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Ford Motor has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Ford Motor is part of the Zacks Automotive - Domestic industry. Over the past month, Harley-Davidson (HOG), a stock from the same industry, has gained 12.2%. The company reported its results for the quarter ended June 2026 more than a month ago. Harley-Davidson reported revenues of $1.11 billion in the last reported quarter, representing a year-over-year change of +6.1%. EPS of $0.75 for the same period compares with $0.88 a year ago. Harley-Davidson is expected to post earnings of $0.43 per share for the current quarter, representing a year-over-year change of -86.1%. Over the last 30 days, the Zacks Consensus Estimate has changed -1.9%. Harley-Davidson has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of C. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F) : Free Stock Analysis Report Harley-Davidson, Inc. (HOG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-08-20

Campbell's Faces Sharper FY27 Earnings Pressure Amid Weak Demand, UBS Says

MT Newswires

Campbell's (CPB) is heading into a difficult fiscal 2027 as weakening demand, pressure in snacks, hi

Investor releaseQuarter not tagged2026-08-20

Consumer Stocks Are Big Losers After Latest Earnings Wave

Barrons.com

Consumer stocks were taking a beating after the latest round of retail earnings. The consumer staples sector was the biggest laggard in the S&P 500 with a 1.9% decline. Among the biggest S&P 500 losers of the day were Walmart, Ford Motor, Norwegian Cruise Line Holdings, lululemon athletica, and Auto Zone.

Investor releaseQuarter not tagged2026-08-17

GM Up 14%, F Down 3% Since Q2 Earnings: Which Is the Better Buy Now?

Zacks
U.S. legacy automakers Ford F and General Motors GM have moved in different directions since their second-quarter earnings reports. GM has gained 14.4% since reporting on July 21, while Ford is down 3% since its July 28 results. That divergence is notable because both automakers delivered stronger earnings and raised their full-year outlooks. So, the question is not which company had the better quarter, but which one offers the more compelling opportunity from here. Both are navigating tariffs, uneven EV demand and high interest rates while trying to build businesses that extend beyond selling cars. Here's a closer look at the case for each. GM's biggest strength remains its North American truck and SUV business. Rather than using heavy discounts to drive sales, the company has maintained pricing discipline, keeping incentives below the industry average for more than three years. That approach is paying off. GM North America's adjusted EBIT margin recovered to 8.6% in the second quarter and 9.3% in the first half, putting the business back within management's 8%-10% target range. Next-generation Chevrolet Silverado and GMC Sierra models, higher full-size SUV capacity and greater U.S. production could support both revenues and margins in 2027. Management has already raised 2026 adjusted EPS guidance to $12-$14 and expects 2027 results to exceed 2026. General Motors has also built a stronger business in China, helped by restructuring and cost reductions. That helped China equity income more than double to $248 million in the first half from $116 million a year earlier. The company expects the business to remain profitable as it refreshes its lineup and streamlines operations. GM is also building new revenue streams around its vehicles. OnStar and Super Cruise are expanding, with more than $3 billion of recognized and deferred revenues expected in 2026. It plans to add about 1 million subscribers and exceed 850,000 Super Cruise subscribers by year-end. GM Energy, GM Defense and GM Insurance provide additional avenues for growth. Meanwhile, strong cash generation has allowed GM to repurchase $2.8 billion of stock so far this year, with $3.5 billion remaining under the authorization. Ford’s truck and utility portfolio remains a major strength, while hybrids provide a useful middle ground as consumers remain divided between gas-powered and fully electric vehicles.…Read full document

U.S. legacy automakers Ford F and General Motors GM have moved in different directions since their second-quarter earnings reports. GM has gained 14.4% since reporting on July 21, while Ford is down 3% since its July 28 results. That divergence is notable because both automakers delivered stronger earnings and raised their full-year outlooks. So, the question is not which company had the better quarter, but which one offers the more compelling opportunity from here. Both are navigating tariffs, uneven EV demand and high interest rates while trying to build businesses that extend beyond selling cars. Here's a closer look at the case for each. GM's biggest strength remains its North American truck and SUV business. Rather than using heavy discounts to drive sales, the company has maintained pricing discipline, keeping incentives below the industry average for more than three years. That approach is paying off. GM North America's adjusted EBIT margin recovered to 8.6% in the second quarter and 9.3% in the first half, putting the business back within management's 8%-10% target range. Next-generation Chevrolet Silverado and GMC Sierra models, higher full-size SUV capacity and greater U.S. production could support both revenues and margins in 2027. Management has already raised 2026 adjusted EPS guidance to $12-$14 and expects 2027 results to exceed 2026. General Motors has also built a stronger business in China, helped by restructuring and cost reductions. That helped China equity income more than double to $248 million in the first half from $116 million a year earlier. The company expects the business to remain profitable as it refreshes its lineup and streamlines operations. GM is also building new revenue streams around its vehicles. OnStar and Super Cruise are expanding, with more than $3 billion of recognized and deferred revenues expected in 2026. It plans to add about 1 million subscribers and exceed 850,000 Super Cruise subscribers by year-end. GM Energy, GM Defense and GM Insurance provide additional avenues for growth. Meanwhile, strong cash generation has allowed GM to repurchase $2.8 billion of stock so far this year, with $3.5 billion remaining under the authorization. Ford’s truck and utility portfolio remains a major strength, while hybrids provide a useful middle ground as consumers remain divided between gas-powered and fully electric vehicles. The Maverick Hybrid posted record first-half sales, and the F-150 Hybrid led its full-size truck category. Ford is also taking another shot at the mass-market EV opportunity with its upcoming Fathom electric pickup. Starting below $30,000 before destination and delivery charges, the vehicle could help Ford reach customers who have been priced out of many EVs. The company is working to make EV production more economical. Its new "assembly tree" manufacturing process is designed to simplify production and lower costs, potentially helping address the margin pressure seen with the F-150 Lightning. Ford Pro is the company’s main earnings engine, supported by commercial vehicle leadership and recurring software and physical services. It generated $1.7 billion of EBIT at a 9.7% margin in the latest quarter, despite volume constraints, while paid Ford Pro Intelligence subscriptions surpassed 900,000. Management now expects 2026 Ford Pro EBIT of $7-$7.5 billion. Ford Energy adds a new revenue stream by applying Ford’s battery manufacturing, service and monitoring capabilities to energy storage.Ford expects to reach 20 gigawatt-hours of annual capacity by late 2027. Financially, Ford ended the June quarter with $43.4 billion of liquidity, generated $2.1 billion of adjusted free cash flow and raised its 2026 FCF outlook to $6-$7 billion. Its attractive dividend yield of more than 4% adds to the stock’s appeal. The Zacks Consensus Estimate for Ford’s 2026 and 2027 EPS implies year-over-year growth of 70% and 4%, respectively. Image Source: Zacks Investment Research The consensus mark for GM's 2026 and 2027 EPS calls for a year-over-year uptick of 25% and 11%, respectively. Image Source: Zacks Investment Research GM shares currently trade at 0.4X forward earnings, above its five-year average of 0.32X. Ford’s forward-to-sales ratio of 0.32 is lower than that of GM. Image Source: Zacks Investment Research Both Ford and GM look strong enough for investors seeking exposure to the auto industry, and both currently carry a Zacks Rank #3 (Hold). But, if we have to pick one, Ford looks better at current levels. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. GM has received a stronger vote from investors since its latest results, leaving more room for Ford to benefit from a reassessment. Its Ford Pro business provides a solid earnings foundation, while affordable EVs, hybrids and energy storage offer multiple avenues for upside. Ford also offers the more attractive combination of income and valuation support. That makes it the more compelling choice between the two. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-08-11

Group 1 Q2 Earnings Miss Estimates on Lower Vehicle Volumes

Zacks
Group 1 Automotive, Inc. GPI reported second-quarter 2026 adjusted earnings of $9.61 per share, which declined 16.6% year over year and missed the Zacks Consensus Estimate of $10.79 by 10.9%. Revenues declined 5.6% to $5.39 billion and missed the consensus mark of $5.65 billion by 4.7%.Results reflected persistent consumer affordability pressure, used-vehicle sourcing challenges and short-term disruption from U.S. store rebranding. Retail new-vehicle units fell 4.4% year over year to 53,335, while used retail units declined 11.2%. Group 1 Automotive, Inc. price-consensus-eps-surprise-chart | Group 1 Automotive, Inc. Quote New-vehicle retail sales decreased 4.7% year over year to $2.61 billion. Units sold fell 4.4% year over year to 53,335. The average selling price rose 2.3% to $51,726, but new-vehicle gross profit per retail unit fell 8.5% to $3,254.Used-vehicle retail sales declined 7% to $1.72 billion. Units sold fell 11.2% year over year to 53,469. Average selling price increased 4.8% to $32,195, while used retail gross profit per unit dropped 4.3% to $1,532. Used-vehicle wholesale sales declined 7.5% year over year to $151.5 million. Units sold fell 10.1% year over year to 15,315. The unit incurred a gross loss of $47 million against the gross profit of $29 million reported in the same period last year. Finance and insurance revenues fell 8.8% to $216.8 million, with F&I gross profit per retail unit down 1% to $2,030. Parts and service sales declined 3.6% year over year to $692.4 million, while gross profit decreased 3.4% to $389 million. Still, the parts and service gross margin edged up 10 basis points to 56.2%.On a same-store basis, parts and service revenues rose 2.1% to $673.3 million. U.S. same-store customer-pay revenues grew about 4%, and warranty revenues increased about 1%, helping offset weaker collision activity and lower internal reconditioning tied to reduced used-vehicle volumes. U.S. revenues fell 5.8% year over year to $3.93 billion, while gross profit dropped 9.6% to $658.5 million. Retail new-vehicle unit sales declined 6.1% to 38,549, and used retail units decreased 13.6% to 34,261.Adjusted U.S. SG&A expenses fell 6.5% to $437.5 million. Adjusted SG&A as a percentage of gross profit was 66.4%, improving more than 400 basis points sequentially as the company completed its $50 million annualized U.S. expense-reduction initiative. Durin…Read full document

Group 1 Automotive, Inc. GPI reported second-quarter 2026 adjusted earnings of $9.61 per share, which declined 16.6% year over year and missed the Zacks Consensus Estimate of $10.79 by 10.9%. Revenues declined 5.6% to $5.39 billion and missed the consensus mark of $5.65 billion by 4.7%.Results reflected persistent consumer affordability pressure, used-vehicle sourcing challenges and short-term disruption from U.S. store rebranding. Retail new-vehicle units fell 4.4% year over year to 53,335, while used retail units declined 11.2%. Group 1 Automotive, Inc. price-consensus-eps-surprise-chart | Group 1 Automotive, Inc. Quote New-vehicle retail sales decreased 4.7% year over year to $2.61 billion. Units sold fell 4.4% year over year to 53,335. The average selling price rose 2.3% to $51,726, but new-vehicle gross profit per retail unit fell 8.5% to $3,254.Used-vehicle retail sales declined 7% to $1.72 billion. Units sold fell 11.2% year over year to 53,469. Average selling price increased 4.8% to $32,195, while used retail gross profit per unit dropped 4.3% to $1,532. Used-vehicle wholesale sales declined 7.5% year over year to $151.5 million. Units sold fell 10.1% year over year to 15,315. The unit incurred a gross loss of $47 million against the gross profit of $29 million reported in the same period last year. Finance and insurance revenues fell 8.8% to $216.8 million, with F&I gross profit per retail unit down 1% to $2,030. Parts and service sales declined 3.6% year over year to $692.4 million, while gross profit decreased 3.4% to $389 million. Still, the parts and service gross margin edged up 10 basis points to 56.2%.On a same-store basis, parts and service revenues rose 2.1% to $673.3 million. U.S. same-store customer-pay revenues grew about 4%, and warranty revenues increased about 1%, helping offset weaker collision activity and lower internal reconditioning tied to reduced used-vehicle volumes. U.S. revenues fell 5.8% year over year to $3.93 billion, while gross profit dropped 9.6% to $658.5 million. Retail new-vehicle unit sales declined 6.1% to 38,549, and used retail units decreased 13.6% to 34,261.Adjusted U.S. SG&A expenses fell 6.5% to $437.5 million. Adjusted SG&A as a percentage of gross profit was 66.4%, improving more than 400 basis points sequentially as the company completed its $50 million annualized U.S. expense-reduction initiative. During the reported quarter, the retail new-vehicle, retail used-vehicle and wholesale used-vehicle units sold were 14,786, 19,208 and 6,303, respectively. U.K. revenues declined 4.9% year over year to $1.45 billion, while gross profit slipped 2.4% to $202.1 million. New-vehicle retail units increased 0.6% to 14,786, although used retail units declined 6.6% to 19,208.U.K. parts and service gross margin held at 58.1%. F&I gross profit per retail unit rose 1.7% to $1,118, while total gross margin expanded 40 basis points to 13.9%. During the reported quarter, the retail new-vehicle, retail used-vehicle and wholesale used-vehicle units sold were 38,549, 34,261 and 9,012, respectively. During the quarter, Group 1 acquired four U.S. dealerships and retained Stone Mountain Toyota and Stone Mountain Honda, which are expected to generate about $205 million in annual revenues. The company also disposed of four Jaguar Land Rover dealerships in the United Kingdom, bringing year-to-date annualized revenues associated with dispositions to $900 million.GPI separately agreed to acquire 10 Hennessy Automobile Companies dealerships in Atlanta. The transaction is expected to add about $1.7 billion in annual revenues and close by year-end 2026, subject to customary approvals. Management expects the acquisition to be immediately accretive to earnings upon closing. As of June 30, 2026, cash and cash equivalents were $164.5 million, up from $32.5 million at year-end 2025. Total debt declined 9.1% to $3.36 billion, while floorplan notes payable, net, increased 13.9% to $2.18 billion.Total liquidity was $684 million at quarter-end, and the rent-adjusted leverage ratio was 3.3x. During the first half, operating cash flow totaled $155 million, down from $410.3 million in the same period last year.The Hennessy transaction is valued at about $1.3 billion and is expected to be financed with $1.25 billion of new debt. The company expects rent-adjusted leverage to remain below 4x at closing and plans to return to its target leverage level by mid- to late 2027. As of June 30, 2026, the company had $306.3 million available under its current repurchase authorization.GPI currently has a Zacks Rank #5 (Strong Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. General Motors Company GM reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. Strong pricing, lower costs and disciplined incentives supported results. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50.Tesla, Inc. TSLA reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years. Ford Motor Company F reported second-quarter 2026 adjusted earnings of 42 cents per share, beating the Zacks Consensus Estimate of 33 cents by 27.27%. Earnings rose 13.5% from 37 cents a year ago. Favorable mix and net pricing helped lift adjusted EBIT by 17% to $2.5 billion, while adjusted EBIT margin expanded to 5.2% from 4.3%. Automotive revenues of $44.89 billion fell 4.4% year over year and missed the consensus mark of $45.72 billion by 1.81%. The company’s consolidated second-quarter revenues came in at $48.3 billion, down 3.7% year over year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Group 1 Automotive, Inc. (GPI) : Free Stock Analysis Report Ford Motor Company (F) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-08-10

Goodyear Q2 Earnings Miss Expectations on Volume Pressure

Zacks
The Goodyear Tire & Rubber Company GT incurred an adjusted loss of 61 cents per share in the second quarter of 2026, wider than the Zacks Consensus Estimate of a loss of 59 cents. The adjusted loss widened 258.8% year over year, translating into a 3.4% earnings miss.Net sales fell 4.8% year over year to $4.25 billion but topped the consensus estimate of $4.23 billion by 0.6%. Tire unit volume declined 4% to 36.5 million units as lower consumer replacement demand weighed on results, particularly in the Americas. The Goodyear Tire & Rubber Company price-consensus-eps-surprise-chart | The Goodyear Tire & Rubber Company Quote Total segment operating income declined to $36 million from $159 million a year ago, while segment operating margin contracted to 0.8% from 3.6%. Excluding the impact of the Chemical business and Dunlop brand sales, segment operating income decreased $79 million.Lower volume reduced segment operating income by $132 million, while tariffs and other costs were a $100 million headwind and inflation reduced results by $53 million. These pressures were partly offset by $123 million of favorable price and mix versus raw materials and $95 million of Goodyear Forward benefits. Americas net sales declined 10.5% year over year to $2.38 billion, while tire unit volume fell 8.7% to 17.4 million. Replacement volume decreased 13% due to lower-tier product rationalization, lower industry sell-in volume in North America and increased competition. OE volume rose 8.7% on market share gains.The segment posted an operating loss of $10 million against an income of $141 million a year ago, with margin falling to negative 0.4% from 5.3%. Goodyear expects the planned Fayetteville facility closure to improve Americas segment operating income by about $90 million in 2027 and around $270 million annually beginning in 2028. EMEA sales increased 2.1% year over year to $1.37 billion, supported by price and mix and favorable currency effects. Tire unit volume slipped to 11.2 million from 11.3 million, as replacement volume fell 7.1% amid consumer market softness, competition and continued rationalization of lower-tier offerings.The segment operating loss narrowed to $17 million from $25 million, and margin improved to negative 1.2% from negative 1.9%. OE tire unit volume rose 8.3%, marking the 10th consecutive quarter of consumer market share gains. Asia Pacific net sale…Read full document

The Goodyear Tire & Rubber Company GT incurred an adjusted loss of 61 cents per share in the second quarter of 2026, wider than the Zacks Consensus Estimate of a loss of 59 cents. The adjusted loss widened 258.8% year over year, translating into a 3.4% earnings miss.Net sales fell 4.8% year over year to $4.25 billion but topped the consensus estimate of $4.23 billion by 0.6%. Tire unit volume declined 4% to 36.5 million units as lower consumer replacement demand weighed on results, particularly in the Americas. The Goodyear Tire & Rubber Company price-consensus-eps-surprise-chart | The Goodyear Tire & Rubber Company Quote Total segment operating income declined to $36 million from $159 million a year ago, while segment operating margin contracted to 0.8% from 3.6%. Excluding the impact of the Chemical business and Dunlop brand sales, segment operating income decreased $79 million.Lower volume reduced segment operating income by $132 million, while tariffs and other costs were a $100 million headwind and inflation reduced results by $53 million. These pressures were partly offset by $123 million of favorable price and mix versus raw materials and $95 million of Goodyear Forward benefits. Americas net sales declined 10.5% year over year to $2.38 billion, while tire unit volume fell 8.7% to 17.4 million. Replacement volume decreased 13% due to lower-tier product rationalization, lower industry sell-in volume in North America and increased competition. OE volume rose 8.7% on market share gains.The segment posted an operating loss of $10 million against an income of $141 million a year ago, with margin falling to negative 0.4% from 5.3%. Goodyear expects the planned Fayetteville facility closure to improve Americas segment operating income by about $90 million in 2027 and around $270 million annually beginning in 2028. EMEA sales increased 2.1% year over year to $1.37 billion, supported by price and mix and favorable currency effects. Tire unit volume slipped to 11.2 million from 11.3 million, as replacement volume fell 7.1% amid consumer market softness, competition and continued rationalization of lower-tier offerings.The segment operating loss narrowed to $17 million from $25 million, and margin improved to negative 1.2% from negative 1.9%. OE tire unit volume rose 8.3%, marking the 10th consecutive quarter of consumer market share gains. Asia Pacific net sales rose 8.1% year over year to $496 million, aided by higher volume and price and mix benefits. Tire unit volume increased 5.3% to 7.9 million, with replacement volume up 6.4% on stronger consumer demand and OE volume rising 4.2%, mainly on growth in China and Japan.Segment operating income increased to $63 million from $43 million, while margin expanded to 12.7% from 9.4%. The improvement reflected favorable price and mix versus raw materials, Goodyear Forward savings and higher volume. Cash flow from operating activities was $98 million in the second quarter, improving from an outflow of $180 million a year ago. Free cash flow was negative $69 million compared with negative $387 million in the prior-year quarter.Cash and cash equivalents totaled $861 million as of June 30, 2026, up from $801 million as of Dec. 31, 2025. Net debt stood at $6.33 billion, down from $722 million year over year. During the quarter, Goodyear issued about $1 billion of senior notes and plans to use the proceeds to repay its 2027 senior notes. For the third quarter of 2026, Goodyear expects global unit volumes to be roughly flat year over year. Price and mix are projected to provide about $110 million of benefit and Goodyear Forward about $70 million, while raw materials are expected to be a roughly $20 million headwind.The company also expects about $70 million of unabsorbed overhead pressure, roughly $10 million of tariff headwinds and around $95 million of inflation and other cost increases in the third quarter. For full-year 2026, Goodyear expects about $325 million of Goodyear Forward benefits, capital expenditures of roughly $725 million and interest expense of approximately $425 million.GT currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. General Motors Company GM reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. Strong pricing, lower costs and disciplined incentives supported results. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50.Tesla, Inc. TSLA reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years. Ford Motor Company F reported second-quarter 2026 adjusted earnings of 42 cents per share, beating the Zacks Consensus Estimate of 33 cents by 27.27%. Earnings rose 13.5% from 37 cents a year ago. Favorable mix and net pricing helped lift adjusted EBIT by 17% to $2.5 billion, while adjusted EBIT margin expanded to 5.2% from 4.3%. Automotive revenues of $44.89 billion fell 4.4% year over year and missed the consensus mark of $45.72 billion by 1.81%. The company’s consolidated second-quarter revenues came in at $48.3 billion, down 3.7% year over year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Goodyear Tire & Rubber Company (GT) : Free Stock Analysis Report Ford Motor Company (F) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-08-07

Blue Bird (BLBD) After Strong Results And The Ford Deal Is The Valuation Story Changing

Simply Wall St.
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Blue Bird (BLBD) is back in focus after reporting third quarter 2026 results alongside a new collaboration with Ford Motor Company and raised full year guidance, giving investors fresh data to assess the stock. See our latest analysis for Blue Bird. Despite the strong quarterly update and expanded Ford collaboration, Blue Bird’s share price has recently pulled back, with a 1-day share price return decline of 14.19% and a 30-day share price return decline of 17.07%, while the year-to-date share price return of 41.17% and 3-year total shareholder return of 229.72% still point to strong longer term momentum. If this kind of sharp move has you thinking about what else might be setting up for a shift, it could be a good time to scan 36 power grid technology and infrastructure stocks For Blue Bird, a sharp pullback following strong earnings and the Ford collaboration raises a basic question. Are investors reassessing the business, or has sentiment simply swung ahead of the valuation reset coming next? On the latest numbers, Blue Bird’s fair value in the most followed narrative sits at $94, versus a last close of $66.01, which puts a spotlight on its long term setup rather than the latest price swing. Read the complete narrative. Curious what sits behind that replacement cycle argument. The popular narrative leans on higher future revenue, firm margins, and a specific profit multiple to reach that $94 fair value. The full story joins those assumptions with a clear discount rate to bridge today’s share price to that long range view. Result: Fair Value of $94 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this Blue Bird narrative still hinges on school districts maintaining funding and on Blue Bird keeping pace with rapid alternative fuel and EV technology shifts. Find out about the key risks to this Blue Bird narrative. With mixed sentiment around Blue Bird’s pullback and long term narrative, it makes sense to move quickly and check the underlying numbers yourself. To see how the positives and concerns balance out in one place, review the 4 key rewards and 2 important warning signs. If Blue Bird has you thinking harder about opportunities, do not stop here. Fresh ideas often show up first in the data, no…Read full document

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Blue Bird (BLBD) is back in focus after reporting third quarter 2026 results alongside a new collaboration with Ford Motor Company and raised full year guidance, giving investors fresh data to assess the stock. See our latest analysis for Blue Bird. Despite the strong quarterly update and expanded Ford collaboration, Blue Bird’s share price has recently pulled back, with a 1-day share price return decline of 14.19% and a 30-day share price return decline of 17.07%, while the year-to-date share price return of 41.17% and 3-year total shareholder return of 229.72% still point to strong longer term momentum. If this kind of sharp move has you thinking about what else might be setting up for a shift, it could be a good time to scan 36 power grid technology and infrastructure stocks For Blue Bird, a sharp pullback following strong earnings and the Ford collaboration raises a basic question. Are investors reassessing the business, or has sentiment simply swung ahead of the valuation reset coming next? On the latest numbers, Blue Bird’s fair value in the most followed narrative sits at $94, versus a last close of $66.01, which puts a spotlight on its long term setup rather than the latest price swing. Read the complete narrative. Curious what sits behind that replacement cycle argument. The popular narrative leans on higher future revenue, firm margins, and a specific profit multiple to reach that $94 fair value. The full story joins those assumptions with a clear discount rate to bridge today’s share price to that long range view. Result: Fair Value of $94 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this Blue Bird narrative still hinges on school districts maintaining funding and on Blue Bird keeping pace with rapid alternative fuel and EV technology shifts. Find out about the key risks to this Blue Bird narrative. With mixed sentiment around Blue Bird’s pullback and long term narrative, it makes sense to move quickly and check the underlying numbers yourself. To see how the positives and concerns balance out in one place, review the 4 key rewards and 2 important warning signs. If Blue Bird has you thinking harder about opportunities, do not stop here. Fresh ideas often show up first in the data, not the headlines. Target income-focused opportunities by checking out 8 dividend fortresses that could help support a steady stream of cash returns. Hunt for potential value setups through 49 high quality undervalued stocks that already pair stronger fundamentals with pricing that has yet to catch up. Spot early-stage potential in screener containing 19 high quality undiscovered gems before these stocks gain wider attention and tighter pricing. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include BLBD. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Investor releaseQuarter not tagged2026-08-06

BWA Tops Q2 Earnings Estimates on Cost Control, Boosts Buyback

Zacks
BorgWarner Inc. BWA reported second-quarter 2026 adjusted earnings of $1.42 per share, which rose 17.4% year over year. The figure beat the Zacks Consensus Estimate of $1.26 by 12.7%. Net sales increased 0.3% to $3.65 billion and surpassed the consensus mark of $3.58 billion by 1.8%. Strong cost controls supported profitability despite lower industry production and weakness in the Battery Energy Systems business. Adjusted operating margin expanded 100 basis points to 11.3%, while organic sales declined 1.2%. Gross profit rose to $721 million from $640 million in the year-ago quarter. Gross margin improved to 19.8% from 17.6%, reflecting lower cost of sales and disciplined operating execution. Adjusted operating income increased to $413 million from $373 million. BWA currently carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. BorgWarner Inc. price-consensus-eps-surprise-chart | BorgWarner Inc. Quote Turbos & Thermal Technologies sales declined 2.6% year over year to $1.44 billion amid lower industry production. Organic sales fell 4.3%. Segment adjusted operating income slipped to $225 million from $227 million. Drivetrain & Morse Systems revenues increased 1.8% to $1.5 billion, aided by strong North American transfer-case volumes. Adjusted operating income rose to $277 million from $260 million, supported by higher sales and operating execution. PowerDrive Systems sales grew 14.5% to $665 million, including organic growth of 11.7%. Its adjusted operating loss narrowed to $29 million from $33 million, driven by higher sales. Battery Energy Systems revenues plunged 37.1% to $100 million due to weaker European demand and the absence of North American incentives. However, the segment’s adjusted operating loss narrowed to $2 million from $12 million, helped by restructuring actions and savings from the charging-business exit. BorgWarner announced seven awards spanning combustion, hybrid and electric-vehicle technologies. These included an eTurbo program for a European automaker, a torque-on-demand transfer case for a Chinese SUV and two variable cam timing programs. The company also secured an integrated drive module award using its next-generation three-in-one system. Two high-volume inverter program extensions cover plug-in hybrid and 800-volt battery-electric applications. Production for the announc…Read full document

BorgWarner Inc. BWA reported second-quarter 2026 adjusted earnings of $1.42 per share, which rose 17.4% year over year. The figure beat the Zacks Consensus Estimate of $1.26 by 12.7%. Net sales increased 0.3% to $3.65 billion and surpassed the consensus mark of $3.58 billion by 1.8%. Strong cost controls supported profitability despite lower industry production and weakness in the Battery Energy Systems business. Adjusted operating margin expanded 100 basis points to 11.3%, while organic sales declined 1.2%. Gross profit rose to $721 million from $640 million in the year-ago quarter. Gross margin improved to 19.8% from 17.6%, reflecting lower cost of sales and disciplined operating execution. Adjusted operating income increased to $413 million from $373 million. BWA currently carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. BorgWarner Inc. price-consensus-eps-surprise-chart | BorgWarner Inc. Quote Turbos & Thermal Technologies sales declined 2.6% year over year to $1.44 billion amid lower industry production. Organic sales fell 4.3%. Segment adjusted operating income slipped to $225 million from $227 million. Drivetrain & Morse Systems revenues increased 1.8% to $1.5 billion, aided by strong North American transfer-case volumes. Adjusted operating income rose to $277 million from $260 million, supported by higher sales and operating execution. PowerDrive Systems sales grew 14.5% to $665 million, including organic growth of 11.7%. Its adjusted operating loss narrowed to $29 million from $33 million, driven by higher sales. Battery Energy Systems revenues plunged 37.1% to $100 million due to weaker European demand and the absence of North American incentives. However, the segment’s adjusted operating loss narrowed to $2 million from $12 million, helped by restructuring actions and savings from the charging-business exit. BorgWarner announced seven awards spanning combustion, hybrid and electric-vehicle technologies. These included an eTurbo program for a European automaker, a torque-on-demand transfer case for a Chinese SUV and two variable cam timing programs. The company also secured an integrated drive module award using its next-generation three-in-one system. Two high-volume inverter program extensions cover plug-in hybrid and 800-volt battery-electric applications. Production for the announced programs is scheduled to begin between late 2026 and 2029. The company noted progress in data-center and industrial applications. Testing of its turbine generator achieved California Air Resources Board-level emissions standards, while component certification work is expected to begin in September. BorgWarner continues to target a 2027 launch and had previously outlined roughly $300 million of turbine-generator revenues for that year. Customer interest includes multiple hyperscalers, and management expects to decide during the second half of 2026 whether additional capacity is needed. BorgWarner is also developing energy-storage systems, microgrid inverters and power-conversion products. Four customers have received inverter samples, and the company is expanding its portfolio from 400 volts to 1,500 volts. It plans to invest an additional $10-$15 million in industrial research and development during the second half. BWA raised its full-year adjusted earnings guidance to $5.05-$5.30 per share from $5-$5.20. The company maintained its sales outlook of $14-$14.3 billion and adjusted operating margin forecast of 10.7%-10.9%. Organic revenues are expected to decline 1.5%-3.5%, including an anticipated $250 million reduction in Battery Energy Systems sales. Second-quarter operating cash flow totaled $586 million, while free cash flow was $492 million. For 2026, the company continues to expect operating cash flow of $1.6-$1.7 billion and free cash flow of $900 million-$1.1 billion. BorgWarner returned about $134 million to shareholders during the quarter through repurchases and dividends. Its board increased the share repurchase authorization by $1 billion, bringing total available authorization to approximately $1.35 billion through 2029. Cash and equivalents were $2.45 billion as of June 30, 2026. General Motors GM reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50. Tesla, Inc. TSLA reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years. Ford F reported second-quarter 2026 adjusted earnings of 42 cents per share, beating the Zacks Consensus Estimate of 33 cents by 27.27%. Earnings rose 13.5% from 37 cents a year ago. Automotive revenues of $44.89 billion fell 4.4% year over year and missed the consensus mark of $45.72 billion by 1.81%. Ford’s consolidated second-quarter revenues came in at $48.3 billion, down 3.7% year over year. The company raised its full-year adjusted EBIT outlook to $10-$11 billion from $8.5-$10.5 billion. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BorgWarner Inc. (BWA) : Free Stock Analysis Report Ford Motor Company (F) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-08-06

LEA Q2 Earnings Beat Estimates on E-Systems Margin Expansion

Zacks
Lear Corporation LEA reported second-quarter 2026 adjusted earnings of $4.28 per share, up 23.3% year over year. Earnings beat the Zacks Consensus Estimate of $3.89 by 10.03%. Revenues rose 3% to $6.21 billion and surpassed the consensus mark of $6.14 billion by 1.17%. The quarter benefited from strong net operating performance, new Seating business and accelerated share repurchases. Core operating earnings increased 7% to $313 million, while free cash flow surged 69% to $288 million. LEA currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Lear Corporation price-consensus-eps-surprise-chart | Lear Corporation Quote Seating sales increased 3% year over year to $4.62 billion. Organic sales rose 2%, supported by the Seres M6 and M7 in China, BMW iX3 in Europe and Jeep Cherokee in North America, partly offset by lower volumes on Lear platforms in China. Adjusted segment earnings rose 4% to $311.5 million, while the adjusted margin held steady at 6.7%. Net performance and a margin-accretive backlog were offset by lower platform volumes and unfavorable foreign exchange effects. E-Systems sales advanced 2% to $1.59 billion. Organic sales declined 2% due to lower volumes on several Volkswagen programs in China and the Mustang Mach-E in North America, along with the phaseout of the Ford Escape, Focus and Lincoln Corsair programs. Adjusted segment earnings climbed to $91.3 million from $75.8 million. The adjusted margin expanded 90 basis points to 5.8%, driven by strong operating performance, partly offset by program roll-offs, discontinued product lines and lower volumes. Lear has generated about $2.9 billion of business awards year to date, including more than $2.3 billion in Seating and over $500 million in E-Systems. More than half of the awards were for new or conquest programs. Major wins included complete-seat and thermal-comfort awards with Audi, a complete-seat program with Leapmotor in South America and wire-harness awards with Renault and Chinese automakers. Lear also brought its total ComfortFlex, ComfortMax and FlexAir awards to 45. The company is on track to deliver $75 million in IDEA by Lear savings in 2026 after achieving about $35 million in the first half. Restructuring savings reached $50 million through the second quarter against a full-year target of $80 million. The company h…Read full document

Lear Corporation LEA reported second-quarter 2026 adjusted earnings of $4.28 per share, up 23.3% year over year. Earnings beat the Zacks Consensus Estimate of $3.89 by 10.03%. Revenues rose 3% to $6.21 billion and surpassed the consensus mark of $6.14 billion by 1.17%. The quarter benefited from strong net operating performance, new Seating business and accelerated share repurchases. Core operating earnings increased 7% to $313 million, while free cash flow surged 69% to $288 million. LEA currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Lear Corporation price-consensus-eps-surprise-chart | Lear Corporation Quote Seating sales increased 3% year over year to $4.62 billion. Organic sales rose 2%, supported by the Seres M6 and M7 in China, BMW iX3 in Europe and Jeep Cherokee in North America, partly offset by lower volumes on Lear platforms in China. Adjusted segment earnings rose 4% to $311.5 million, while the adjusted margin held steady at 6.7%. Net performance and a margin-accretive backlog were offset by lower platform volumes and unfavorable foreign exchange effects. E-Systems sales advanced 2% to $1.59 billion. Organic sales declined 2% due to lower volumes on several Volkswagen programs in China and the Mustang Mach-E in North America, along with the phaseout of the Ford Escape, Focus and Lincoln Corsair programs. Adjusted segment earnings climbed to $91.3 million from $75.8 million. The adjusted margin expanded 90 basis points to 5.8%, driven by strong operating performance, partly offset by program roll-offs, discontinued product lines and lower volumes. Lear has generated about $2.9 billion of business awards year to date, including more than $2.3 billion in Seating and over $500 million in E-Systems. More than half of the awards were for new or conquest programs. Major wins included complete-seat and thermal-comfort awards with Audi, a complete-seat program with Leapmotor in South America and wire-harness awards with Renault and Chinese automakers. Lear also brought its total ComfortFlex, ComfortMax and FlexAir awards to 45. The company is on track to deliver $75 million in IDEA by Lear savings in 2026 after achieving about $35 million in the first half. Restructuring savings reached $50 million through the second quarter against a full-year target of $80 million. The company has more than 200 automated sewing cells globally. Automated seat-finishing and testing cells will deliver $14 million in annual savings. Operating cash flow increased 55% to $461 million, supported by higher core operating earnings and improved working capital. Cash and cash equivalents totaled $1 billion at quarter-end, while total liquidity was $3 billion. Lear repurchased $100 million of shares during the quarter, bringing first-half buybacks to $175 million. The company raised its full-year repurchase target to at least $350 million and had about $600 million remaining under its authorization. Lear now expects 2026 net sales of $23.54-$24.01 billion and core operating earnings of $1.08-$1.20 billion. The midpoint for revenues increased to about $23.8 billion, while the core operating earnings midpoint rose to $1.14 billion. Operating cash flow is projected at $1.25-$1.35 billion, with free cash flow of $590-$690 million. General Motors GM reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected to be $12-$14 per share, up from the prior range of $11.50-$13.50. Tesla, Inc. TSLA reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years. Ford F reported second-quarter 2026 adjusted earnings of 42 cents per share, beating the Zacks Consensus Estimate of 33 cents by 27.27%. Earnings rose 13.5% from 37 cents a year ago. Automotive revenues of $44.89 billion fell 4.4% year over year and missed the consensus mark of $45.72 billion by 1.81%. Ford’s consolidated second-quarter revenues came in at $48.3 billion, down 3.7% year over year. The company raised its full-year adjusted EBIT outlook to $10-$11 billion from $8.5-$10.5 billion. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lear Corporation (LEA) : Free Stock Analysis Report Ford Motor Company (F) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-08-06

Garrett Q2 Earnings Beat on Sales Growth, 2026 Outlook Raised

Zacks
Garrett Motion Inc. GTX reported second-quarter 2026 earnings of 53 cents per share, beating the Zacks Consensus Estimate of 46 cents by 15.2%. Earnings increased 26.2% from 42 cents in the year-ago quarter. Net sales rose 6.9% year over year to $976 million and surpassed the consensus estimate of $964 million by 1.2%. Growth across all product verticals, productivity gains and a favorable business mix supported the performance. Adjusted EBIT margin expanded 200 basis points to 15.6%. GTX currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Garrett Motion Inc. price-consensus-eps-surprise-chart | Garrett Motion Inc. Quote Net sales increased 7% on a reported basis and 5% at constant currency. The improvement reflected share-of-demand gains in passenger vehicles, stronger commercial vehicle and industrial demand, and higher aftermarket volumes. Gasoline sales advanced 5% year over year, including 3% growth at constant currency. New application launches and program ramp-ups in Europe, India and South America supported the category. Diesel sales increased 8%, or 6% at constant currency, driven by light commercial vehicle and pickup truck demand across Europe, Asia and South America, along with program ramp-ups in India. Commercial vehicle and industrial sales climbed 10% year over year on both reported and constant-currency bases. Strong on-highway demand in China following program launches and higher North American genset activity for data centers contributed to the increase. Industrial turbo sales exceeded $80 million during the first half. The business is now expected to generate about $200 million in full-year sales, supported by power-generation demand. Aftermarket sales rose 8%, or 7% excluding currency effects, as volumes improved in Europe, China and Australia. Gross profit increased to $212 million from $181 million. Gross margin improved to 21.7% from 19.8%. Higher sales volumes, productivity, pricing net of inflation pass-through, lower research, development and engineering costs, and favorable product mix more than offset commodity, transportation and energy inflation. Adjusted EBIT rose $28 million year over year to a record $152 million. Higher volumes contributed $16 million, productivity added $10 million and pricing net of inflation pass-through provided $8 million. These ben…Read full document

Garrett Motion Inc. GTX reported second-quarter 2026 earnings of 53 cents per share, beating the Zacks Consensus Estimate of 46 cents by 15.2%. Earnings increased 26.2% from 42 cents in the year-ago quarter. Net sales rose 6.9% year over year to $976 million and surpassed the consensus estimate of $964 million by 1.2%. Growth across all product verticals, productivity gains and a favorable business mix supported the performance. Adjusted EBIT margin expanded 200 basis points to 15.6%. GTX currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Garrett Motion Inc. price-consensus-eps-surprise-chart | Garrett Motion Inc. Quote Net sales increased 7% on a reported basis and 5% at constant currency. The improvement reflected share-of-demand gains in passenger vehicles, stronger commercial vehicle and industrial demand, and higher aftermarket volumes. Gasoline sales advanced 5% year over year, including 3% growth at constant currency. New application launches and program ramp-ups in Europe, India and South America supported the category. Diesel sales increased 8%, or 6% at constant currency, driven by light commercial vehicle and pickup truck demand across Europe, Asia and South America, along with program ramp-ups in India. Commercial vehicle and industrial sales climbed 10% year over year on both reported and constant-currency bases. Strong on-highway demand in China following program launches and higher North American genset activity for data centers contributed to the increase. Industrial turbo sales exceeded $80 million during the first half. The business is now expected to generate about $200 million in full-year sales, supported by power-generation demand. Aftermarket sales rose 8%, or 7% excluding currency effects, as volumes improved in Europe, China and Australia. Gross profit increased to $212 million from $181 million. Gross margin improved to 21.7% from 19.8%. Higher sales volumes, productivity, pricing net of inflation pass-through, lower research, development and engineering costs, and favorable product mix more than offset commodity, transportation and energy inflation. Adjusted EBIT rose $28 million year over year to a record $152 million. Higher volumes contributed $16 million, productivity added $10 million and pricing net of inflation pass-through provided $8 million. These benefits were partly offset by $8 million of inflation-related costs and a $5 million unfavorable currency impact. Net income totaled $101 million, up from $87 million a year earlier, while net income margin increased to 10.3% from 9.5%. The improvement was mainly driven by higher gross profit and lower interest expense, partially offset by increased taxes, lower non-operating income and higher selling, general and administrative expenses. Net cash provided by operating activities was $145 million, compared with $158 million in the prior-year period. Adjusted free cash flow edged up to $122 million from $121 million, representing 80% conversion from adjusted EBIT. Garrett ended the quarter with $788 million of liquidity, including $158 million in unrestricted cash and $630 million of available revolver capacity. The company repurchased $28 million of common stock during the quarter, bringing year-to-date buybacks to $115 million. Garrett also paid $15 million in dividends, while its board declared a third-quarter dividend of 8 cents per share. GTX voluntarily repaid $50 million of term-loan debt during the quarter. Total debt principal declined to $1.39 billion from $1.44 billion at the end of 2025. The company had $135 million remaining under its share-repurchase authorization at quarter-end. The company secured multiple turbocharger awards, including a large North American light vehicle program and several commercial vehicle applications in China and India. It also won a major Garrett MEG award for data-center gensets and additional power-generation programs across multiple regions. Garrett began pre-development work on a commercial vehicle electric powertrain with a Japanese truck manufacturer. The company also secured a production award for industrial air compression using its centrifugal compressor technology and reported growing interest from heating, ventilation and air-conditioning manufacturers in its electric cooling solutions. Garrett now expects 2026 net sales of $3.7-$3.9 billion, compared with the previous range of $3.6-$3.9 billion. Constant-currency sales growth is projected between 1% and 7%, up from the earlier forecast of a 2% decline to 6% growth. Adjusted EBIT is anticipated between $560 million and $600 million versus the prior range of $520-$600 million. Adjusted free cash flow is forecast in the band of $385-$475 million compared with $355-$475 million previously. The revised outlook reflects first-half execution, a stronger product mix and continued productivity benefits, despite softer expected light vehicle production. General Motors GM reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected to be $12-$14 per share, up from the prior range of $11.50-$13.50. Tesla, Inc. TSLA reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years. Ford F reported second-quarter 2026 adjusted earnings of 42 cents per share, beating the Zacks Consensus Estimate of 33 cents by 27.27%. Earnings rose 13.5% from 37 cents a year ago. Automotive revenues of $44.89 billion fell 4.4% year over year and missed the consensus mark of $45.72 billion by 1.81%. Ford’s consolidated second-quarter revenues came in at $48.3 billion, down 3.7% year over year. The company raised its full-year adjusted EBIT outlook to $10-$11 billion from $8.5-$10.5 billion. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Garrett Motion Inc. (GTX) : Free Stock Analysis Report Ford Motor Company (F) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-08-06

AEVA Q2 Earnings Beat on Service Growth and Gross Profit

Zacks
Aeva Technologies, Inc. AEVA reported an adjusted loss of 41 cents per share for the second quarter of 2026, narrower than the Zacks Consensus Estimate and the year-ago loss of 44 cents. Revenues increased 11.3% year over year to $6.1 million and surpassed the consensus estimate of $6 million by 0.1%. Professional service revenues nearly tripled, helping the company generate positive gross profit compared with a year-ago loss. AEVA currently carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Aeva Technologies, Inc. price-consensus-eps-surprise-chart | Aeva Technologies, Inc. Quote Product revenues declined 39.4% year over year to $2.5 million. In contrast, professional service revenues jumped 174.5% to $3.6 million from $1.3 million, becoming the largest contributor to the quarterly top line. Total cost of revenues fell sharply to $3.9 million from $8.2 million. Product costs decreased to $2.6 million from $4 million, while professional service costs dropped to $1.3 million from $4.2 million. The lower cost base more than offset the softer product contribution. Gross profit was $2.2 million against a gross loss of $2.7 million in the prior-year quarter. Gross margin improved to 35.7% from negative 49.4%, marking a substantial improvement in the economics of delivered products and services. However, total operating expenses increased 14.1% year over year to $36.7 million. Research and development expenses rose to $24.9 million from $22.8 million, while general and administrative expenses increased to $10.2 million from $8 million. Selling and marketing expenses advanced to $1.6 million from $1.4 million. GAAP operating loss narrowed slightly to $34.6 million from $34.9 million. On a non-GAAP basis, operating loss widened to $26 million from $25.1 million, reflecting higher operating expenses despite the gross profit improvement. GAAP net loss narrowed to $79.6 million from $192.7 million. The prior-year result included a $70 million fair-value loss on a share subscription liability. The latest quarter included a $44.7 million loss from the change in fair value of warrant liabilities, compared with $88.5 million a year earlier. Aeva launched an Optical Connectivity business that uses its high-power optical-source and silicon-photonics technology for next-generation artificial intelligence data cente…Read full document

Aeva Technologies, Inc. AEVA reported an adjusted loss of 41 cents per share for the second quarter of 2026, narrower than the Zacks Consensus Estimate and the year-ago loss of 44 cents. Revenues increased 11.3% year over year to $6.1 million and surpassed the consensus estimate of $6 million by 0.1%. Professional service revenues nearly tripled, helping the company generate positive gross profit compared with a year-ago loss. AEVA currently carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Aeva Technologies, Inc. price-consensus-eps-surprise-chart | Aeva Technologies, Inc. Quote Product revenues declined 39.4% year over year to $2.5 million. In contrast, professional service revenues jumped 174.5% to $3.6 million from $1.3 million, becoming the largest contributor to the quarterly top line. Total cost of revenues fell sharply to $3.9 million from $8.2 million. Product costs decreased to $2.6 million from $4 million, while professional service costs dropped to $1.3 million from $4.2 million. The lower cost base more than offset the softer product contribution. Gross profit was $2.2 million against a gross loss of $2.7 million in the prior-year quarter. Gross margin improved to 35.7% from negative 49.4%, marking a substantial improvement in the economics of delivered products and services. However, total operating expenses increased 14.1% year over year to $36.7 million. Research and development expenses rose to $24.9 million from $22.8 million, while general and administrative expenses increased to $10.2 million from $8 million. Selling and marketing expenses advanced to $1.6 million from $1.4 million. GAAP operating loss narrowed slightly to $34.6 million from $34.9 million. On a non-GAAP basis, operating loss widened to $26 million from $25.1 million, reflecting higher operating expenses despite the gross profit improvement. GAAP net loss narrowed to $79.6 million from $192.7 million. The prior-year result included a $70 million fair-value loss on a share subscription liability. The latest quarter included a $44.7 million loss from the change in fair value of warrant liabilities, compared with $88.5 million a year earlier. Aeva launched an Optical Connectivity business that uses its high-power optical-source and silicon-photonics technology for next-generation artificial intelligence data centers. The company signed a joint development agreement for a Near-Packaged Optics solution intended for a hyperscaler. Initial deployment is targeted for the second half of 2027, followed by a production ramp in 2028. The initiative extends Aeva’s photonics platform beyond sensing and creates an additional commercialization path for technology developed for its lidar systems. Bendix selected Aeva’s 4D lidar and perception software to develop the next generation of its commercial-vehicle advanced driver-assistance system. Bendix’s existing system is available on most major Class 8 truck platforms in North America, giving the program meaningful potential scale. Aeva also began shipping production-intent Atlas sensors to Daimler Truck from its automated assembly line. It continued work with a top-10 European passenger-vehicle manufacturer and the NVIDIA DRIVE Hyperion platform. In industrial sensing, SICK launched its first sensor powered by Aeva’s Eve precision technology. The company ended June with $177.9 million in cash, cash equivalents and marketable securities. Including a fully undrawn $125 million facility, total available liquidity was $302.9 million. Aeva generated $115 million in gross proceeds from a follow-on stock offering during the quarter. For the first six months of 2026, net cash used in operating activities was $57 million, compared with $60.6 million a year ago. Second-quarter gross cash use, defined as operating cash flow less capital expenditures, was $31.4 million. General Motors GM reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected to be $12-$14 per share, up from the prior range of $11.50-$13.50. Tesla, Inc. TSLA reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years. Ford F reported second-quarter 2026 adjusted earnings of 42 cents per share, beating the Zacks Consensus Estimate of 33 cents by 27.27%. Earnings rose 13.5% from 37 cents a year ago. Automotive revenues of $44.89 billion fell 4.4% year over year and missed the consensus mark of $45.72 billion by 1.81%. Ford’s consolidated second-quarter revenues came in at $48.3 billion, down 3.7% year over year. The company raised its full-year adjusted EBIT outlook to $10-$11 billion from $8.5-$10.5 billion. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Aeva Technologies, Inc. (AEVA) : Free Stock Analysis Report Ford Motor Company (F) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

As of 2026-09-05 • Updated weeklySource: Earnings sourceIngestion runbook