GM

A month has gone by since the last earnings report for Ford Motor Company (F). Shares have added about 37.8% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Ford Motor due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Ford reported first-quarter 2026 adjusted earnings per share of 66 cents, which beat the Zacks Consensus Estimate of 20 cents by 232.3%. The bottom line increased from 14 cents in the prior-year quarter.F’s total automotive revenues rose 6.4% year over year to $39.82 billion, which surpassed the Zacks Consensus Estimate of $39.34 billion by 1.21%. The company’s consolidated first-quarter revenues came in at $43.3 billion, up 6.4% year over year.Ford Pro paid software subscriptions climbed 30% year over year to 879,000, highlighting continued momentum in recurring revenue streams. F generated adjusted EBIT of $3.5 billion and an adjusted EBIT margin of 8.1% in the quarter, reflecting a sharp improvement from the year-ago period driven by selling higher-value vehicles, better pricing and growth in both software and service-related businesses.A major contributor was a $1.3 billion one-time IEEPA tariff benefit related to payments made between March 2025 and February 2026. Ford Blue generated $23.9 billion in revenues in the first quarter, up 14% from last year. Better product mix and higher pricing helped offset a slight drop in wholesales. Sales volumes fell 1% to 584,000 units, but strong demand for key models and a better mix supported overall performance.EBIT jumped to $1.94 billion from $96 million a year ago, lifting the margin to 8.1%. The improvement was driven by favorable market conditions, growth in software and service-related businesses and lower compliance costs. Results also got a boost from about $0.7 billion in IEEPA tariff gains. However, aluminum supply constraints linked to Novelis, which mainly affected Super Duty availability, acted as a headwind. Ford Pro segment reported revenues of $14.7 billion, down 3% from last year, as wholesales fell 10% to 316,000 units. The decline was mainly due to production disruptions related to Novelis.Despite the disr...

A month has gone by since the last earnings report for General Motors (GM). Shares have added about 9.8% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is General Motors due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts. General Motors delivered first-quarter 2026 adjusted earnings of $3.70 per share, which rose 33% from $2.78 a year ago. The figure topped the Zacks Consensus Estimate of $2.61 by 41.8%. Revenues of $43.62 billion slipped 0.9% year over year and missed the consensus mark of $43.94 billion by 0.7%. Total company EBIT-adjusted rose 21.9% year over year to $4.25 billion, lifting the EBIT-adjusted margin to 9.7%. The quarter reflected strong execution in the core business alongside benefits tied to tariff-related adjustments. As an indicator of momentum in software-enabled services, OnStar ended the quarter with deferred revenues of $5.8 billion, up more than 50% year over year. GM North America (GMNA) segment generated net revenues of $36.4 billion, down from $37.4 billion recorded in the corresponding period of 2025. Wholesale vehicle sales in the GMNA unit totaled 793,000 units, down from 827,000 units reported in the year-ago quarter. GMNA remained the primary profit engine, generating EBIT-adjusted of $3.66 billion and an EBIT-adjusted margin of 10.1%. The margin included a 1.5-percentage-point benefit from the tariff adjustment, while cost efficiencies and forex helped offset weaker volumes. GM International (GMI) segment net revenues in the reported quarter amounted to $2.9 billion, up from the year-ago quarter’s $2.4 billion. The segment’s wholesale vehicle sales of 106,000 units increased from 85,000 units in the year-ago quarter. The segment posted EBIT-adjusted of $123 million, up from $30 million in the year-ago quarter. China equity income increased to $165 million, aided by operating performance and restructuring benefits. GM Financial generated net revenues of $4.27 billion in the quarter, which increased from $4.16 billion recorded in the year-ago period. The segment delivered EBT-adjusted of $688 million, up from $685 million in the year-ago quarter. In the Un...

Technology giant Cisco is cutting nearly 4,000 jobs, or around 5% of its workforce, despite reporting better-than-expected profit and revenue in its fiscal third quarter. The networking equipment maker said it is reducing its headcount in order to change its “cost structure” and invest in AI and cybersecurity. Cisco’s decision follows a recent trend of tech companies increasingly citing a priority on AI spending as a reason to let employees go. Cloudflare and General Motors have both laid off staff in recent days, despite reporting strong financial results. Cisco said it plans to invest more in cybersecurity, as the company continues to contend with a slew of security vulnerabilities in its routers and firewalls that have allowed hackers to break into the networks of its corporate customers, including the U.S. government. Cisco last year also experienced a data breach in which customers’ personal information was affected. In a blog post published Wednesday, Cisco’s chief executive Chuck Robbins touted the company’s “record revenue” and “double-digit growth,” while acknowledging that Cisco was making strategic investments “in our employees’ use of AI across the company.” According to public filings, Robbins was slated to earn more than $52 million in executive compensation during 2025. When reached by TechCrunch, a Cisco spokesperson did not comment beyond Robbins’ statement, or say, when asked, if Robbins plans to reduce his compensation. This is the latest round of job cuts at Cisco in recent years. The company laid off thousands of employees during two separate layoffs in 2024 and cut over 150 jobs in 2025.

Strattec Security Corporation STRT reported third-quarter fiscal 2026 adjusted earnings of 90 cents per share, missing the Zacks Consensus Estimate of $1.14 by 21.1%. Adjusted earnings declined 40% from $1.50 a year ago. Net sales were $137.6 million, down 4.5% year over year, and came in below the consensus estimate of $141 million by about 2.4%. Results reflected lower North American OEM production on key platforms and the impact of EV program cancellations. STRT stock currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Strattec Security Corporation price-consensus-eps-surprise-chart | Strattec Security Corporation Quote The quarter’s revenue mix underscored STRT’s close ties to large automotive programs. General Motors accounted for 28% of third-quarter sales, followed by Ford at 21% and Stellantis at 16%. Tier 1 customers contributed 15%, commercial and other customers represented 11% and Hyundai/Kia made up 9%. Product concentration also remained clear. Door handles represented 26% of sales and power access products contributed 24%. Keys and locksets were 20% of the mix, with latches at 13%, user interface controls at 8%, aftermarket at 7% and other products at 2%. The mix highlights STRT’s positioning in access and security content per vehicle, but also means near-term results can swing with platform volumes. Cost headwinds were evident even as the company executed on internal actions. Gross profit was $22.7 million compared with $23.1 million in the prior-year quarter, reflecting lower volume. However, gross margin improved 50 basis points year over year to 16.5%, thanks to restructuring savings and recoveries from customer program cancellations. Restructuring savings totaled $1.7 million and recoveries tied to customer program cancellations added $0.6 million. Those benefits were partly offset by $2.5 million of higher costs from unfavorable foreign exchange movements, a $0.5 million increase in labor and benefit costs, and $0.3 million of incremental tariff costs. Operating discipline was pressured by higher overhead spending. Selling, administrative and engineering expenses increased $1.6 million year over year to $17.6 million, representing 12.8% of sales versus 11.1% in the prior-year period. The increase reflected a mix of strategic and recurring cost items. STRT cited $1.4 milli...

East Providence manufacturing facility expected to have a staged restart beginning in May $175.6 million quarter-end cash balance; up from $158.6 million at year-end 2025 Secured an additional subsea pipeline award to be delivered in Q3 2026 NORTHBOROUGH, Mass., May 07, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE: ASPN) (“Aspen” or the “Company”), a technology leader in sustainability and electrification solutions, today announced financial results for the first quarter of 2026, and discussed recent business developments. First Quarter 2026 Results Total revenue for the first quarter of 2026 was $37.9 million, compared to $78.7 million in the prior year period. During the first quarter of 2026, the Company received $37.6 million in cash from General Motors related to a commercial settlement, of which $3.5 million was recognized as revenue in the first quarter. The remainder has been recorded as deferred revenue, with approximately $4.9 million to be recognized as revenue quarterly through the end of 2027. Thermal barrier segment revenue was $16.3 million, compared to $48.9 million in the prior year period, reflecting a significant reduction in customer demand following changes in regulatory frameworks and incentive programs. Energy Industrial segment revenue was $21.6 million, compared to $29.8 million in the prior year period. Net loss was $23.7 million, compared to net loss of $301.2 million in the prior year period. Results for the first quarter of 2026 included $0.4 million of restructuring and demobilization costs. Results for the first quarter of 2025 included a $286.6 million impairment charge related to the Company's previously planned second manufacturing facility in Statesboro, Georgia, and $9.8 million in restructuring and demobilization costs. Excluding these items, adjusted net loss was $23.3 million, compared to adjusted net loss of $4.8 million in the prior year period. Net loss per share was $0.29, compared to net loss per share of $3.67 in the prior year period. Excluding the items described above, adjusted net loss per share was $0.28, compared to adjusted net loss per share of $0.06 in the prior year period. Adjusted EBITDA was $(12.7) million, compared to $4.9 million in the prior year period. A reconciliation of non-GAAP financial results to GAAP financial results is provided in the financial schedules that are part of this press...

Harley-Davidson, Inc. HOG reported first-quarter 2026 earnings of 22 cents per share, missing the Zacks Consensus Estimate of 34 cents by 36.1%. Earnings also dropped 79% from $1.07 a year ago. Profitability deteriorated sharply despite the revenue beat. Harley-Davidson posted consolidated operating income of $23 million versus $160 million in the year-ago quarter, pushing operating margin down to 2% from 12.1%. Net income attributable to the company fell to $25 million from $133 million, reflecting pressure across key segments. Revenues at Harley-Davidson Motor Company (HDMC) came in at $1,055 million, which declined 2% year over year but topped the Zacks Consensus Estimate of $958 million by 10.7%. The quarter featured a 22% year-over-year reduction in global dealer inventory of new motorcycles, underscoring the company’s push to better align wholesale with retail demand. HOG currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Harley-Davidson, Inc. price-consensus-eps-surprise-chart | Harley-Davidson, Inc. Quote Demand indicators were better than the income statement suggests. Global retail motorcycle sales rose 8% year over year to 33,507 units, led by North America, where retail sales increased 14% to 23,803 units. The company cited strength in the United States, particularly in the Touring category, along with a favorable response to the 2026 motorcycle lineup. Outside North America, results were softer. EMEA retail sales declined 3% year over year, while Asia Pacific fell 9%. Latin America was a bright spot, with retail up 21%, supported by gains in Brazil and Mexico. Management also pointed to encouraging early reception of its new RIDE marketing platform and said it is preparing to activate its “Back to the Bricks” growth strategy. Revenues from HDMC decreased 2% to $1,055 million as global motorcycle shipments slipped 3% to 37,295 units. Within HDMC, motorcycle revenues fell 3% to $836 million, parts and accessories dipped 1% to $142 million, and apparel was flat at $57 million, reflecting a mixed top-line backdrop. The bigger issue was margin compression. HDMC's gross margin declined to 25.3% from 29.1% and its operating margin dropped to 1.8% from 10.8% a year earlier. The company attributed the deterioration to the cost of new or increased tariffs, the net effect of global pricing...

Cummins Inc. CMI delivered adjusted earnings of $6.15 per share in the first quarter of 2026, up 3.2% year over year and 9.8% above the Zacks Consensus Estimate. Revenues of $8.40 billion rose 2.7% from the year-ago quarter and topped the consensus mark by 0.9%. The quarter reflected solid execution in key end markets, highlighted by an adjusted EBITDA margin of 17.7% of sales. Strength in power generation, particularly for data center-related demand, stood out as a meaningful contributor to results. CMI currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Cummins Inc. price-consensus-eps-surprise-chart | Cummins Inc. Quote CMI’s Engine segment posted sales of $2.67 billion, down 4% year over year amid the decline in lower medium-duty and heavy-duty truck demand in the United States, which more than offset stronger construction-related demand in China. Profitability in the segment was pressured as well. Segment EBITDA was $279 million (down from $458 million in the first quarter of 2025) and the margin declined to 10.4% (compared with 16.5% in the year-ago quarter), reflecting lower volumes and higher compensation costs. Cummins’ Components segment generated $2.53 billion of sales, a 5% decline from the prior-year period. The drop was tied primarily to softer heavy- and medium-duty demand in North America, while international demand improved in markets such as China and Brazil. Segment EBITDA totaled $337 million, translating to a 13.3% margin, down from $382 million or 14.3% of sales. Lower volumes weighed on the margin performance versus the year-ago quarter. CMI’s Distribution segment was a bright spot, with sales rising 7% year over year to $3.12 billion. Growth was driven by increased demand for power generation products, with particularly strong momentum tied to data center applications. Segment EBITDA increased to $444 million, and the margin expanded to 14.2% from 12.9% of sales. Higher volumes more than offset cost pressures, including higher compensation expense, supporting improved profitability. Cummins’ Power Systems segment delivered the sharpest acceleration in the quarter. Sales climbed 19% year over year to $1.96 billion, supported by increased power generation demand across North America and international markets, including China and the Asia Pacific. The segment also showed m...

Garrett Motion Inc. GTX posted first-quarter 2026 earnings of 49 cents per share, up 63.3% from 30 cents a year ago. The bottom line beat the Zacks Consensus Estimate of 43 cents, delivering a 15.4% earnings surprise. Net sales came in at $985 million, up 12.2% year over year and ahead of the consensus mark of $917 million by 7.39%. Results reflected solid demand across the portfolio and disciplined execution, with adjusted EBIT margin expanding to 15.3%. GTX currently has 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 Garrett’s top-line performance was supported by higher demand across all verticals in the quarter. The company pointed to gains in passenger vehicles and strong performance in commercial vehicle, off-highway, and industrial end markets as key contributors. By category, reported sales increased 10% in gasoline and 12% in diesel, aided by new application launches and program ramp-ups. Commercial vehicle/industrial revenues rose 17% on strength across regions, while aftermarket sales advanced 16%, helped by demand and a favorable product mix. Gross profit increased to $196 million from $179 million in the year-ago quarter. However, gross margin dipped to 19.9% from 20.4%. On the cost side, the cost of goods sold rose to $789 million from $699 million, largely tied to higher volumes and unfavorable currency impacts. Headwinds from lower productivity net of labor inflation and repositioning costs, import tariffs and product mix were partly offset by lower RD&E costs and commodity, transportation and energy deflation. Selling, general and administrative expenses edged down to $58 million from $59 million in the prior-year quarter. Management attributed the modest improvement to lower professional services, bad debt recovery and lower personnel costs, partially offset by unfavorable currency impacts. Below operating lines, other expense declined sharply to $1 million from $7 million, aided by the absence of prior-year refinancing-related professional fees. Interest expense declined to $27 million from $29 million, while non-operating income rose to $8 million from $1 million, supported by the resolution of certain environmental liabilities and foreign exchange transactional gains. Net cash provided by operating...

PHINIA Inc. PHIN delivered first-quarter 2026 adjusted earnings of $1.29 per share, up 37.2% year over year and above the Zacks Consensus Estimate of 92 cents by 40.2%. The upside was driven by higher volumes and disciplined cost control. Net sales were $878 million, increasing 10.3% from the year-ago quarter and topping the consensus mark of $840 million by 4.5%. Adjusted EBITDA margin held firm at 13.1%, supported by supplier savings, overhead controls and tariff recoveries. PHINIA currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. PHINIA Inc. price-consensus-eps-surprise-chart | PHINIA Inc. Quote Fuel Systems unit led the top-line advance, with segment sales of $549 million compared with $490 million a year ago. The Aftermarket business remained a steady contributor, generating $329 million versus $306 million in the prior-year period. PHINIA highlighted that foreign currency and the acquisition of SEM added to the quarter’s growth, while underlying demand also improved. Excluding those factors, net sales still advanced 3.6%, aided by stronger volumes in Asia and the Americas alongside tariff recoveries. Operating income improved to $69 million from $62 million, translating to an operating margin of 7.9% versus 7.8% a year ago. Higher sales helped lift gross profit to $188 million from $172 million, though gross margin edged down to 21.4% from 21.6%. Selling, general and administrative expenses increased to $115 million from $107 million, while restructuring expenses declined to $3 million from $5 million. Segment profitability remained differentiated, with an adjusted EBITDA margin of 9.3% in Fuel Systems versus 17% in Aftermarket, underscoring the value of the service-oriented mix. PHINIA continues to target strategic growth markets that diversify end-market exposure and fuel technologies. In Fuel Systems, the company won a compressed natural gas fuel rail assembly contract with a leading global OEM, marking its third consecutive quarter of a major alternative-fuel program win in India. PHINIA also secured a jet fuel direct injector program for unmanned aerial drone engines with a new customer, leveraging its gasoline direct injector technology. Another quarter win included a direct injection fuel rail assembly with a major Chinese OEM, supporting a luxury SUV platform equipped with a d...

General Motors GM delivered first-quarter 2026 adjusted earnings of $3.70 per share, which rose 33% from $2.78 a year ago. The figure topped the Zacks Consensus Estimate of $2.61 by 41.8%. Revenues of $43.62 billion slipped 0.9% year over year and missed the consensus mark of $43.94 billion by 0.7%. Total company EBIT-adjusted rose 21.9% year over year to $4.25 billion, lifting the EBIT-adjusted margin to 9.7%. The quarter reflected strong execution in the core business alongside benefits tied to tariff-related adjustments. As an indicator of momentum in software-enabled services, OnStar ended the quarter with deferred revenues of $5.8 billion, up more than 50% year over year. General Motors Company price-consensus-eps-surprise-chart | General Motors Company Quote GM North America (GMNA) segment generated net revenues of $36.4 billion, down from $37.4 billion recorded in the corresponding period of 2025. Wholesale vehicle sales in the GMNA unit totaled 793,000 units, down from 827,000 units reported in the year-ago quarter. GMNA remained the primary profit engine, generating EBIT-adjusted of $3.66 billion and an EBIT-adjusted margin of 10.1%. The margin included a 1.5-percentage-point benefit from the tariff adjustment, while cost efficiencies and forex helped offset weaker volumes. GM International (GMI) segment net revenues in the reported quarter amounted to $2.9 billion, up from the year-ago quarter’s $2.4 billion. The segment’s wholesale vehicle sales of 106,000 units increased from 85,000 units in the year-ago quarter. The segment posted EBIT-adjusted of $123 million, up from $30 million in the year-ago quarter. China equity income increased to $165 million, aided by operating performance and restructuring benefits. GM Financial generated net revenues of $4.27 billion in the quarter, which increased from $4.16 billion recorded in the year-ago period. The segment delivered EBT-adjusted of $688 million, up from $685 million in the year-ago quarter. In the United States, GM retained its leadership position in total sales with 626,000 deliveries in the quarter, supported by resilient demand for pickups and SUVs and strong fleet performance. Dealer inventory ended the period at 516,000 units, down about 6% year over year, which supports tighter supply and lower incentive needs. That discipline showed up in incentives, which management said were 4.4% of MSRP...

The first-quarter reporting season for the Auto-Tires-Trucks space has kicked off, with a mixed start. So far, four S&P 500 players—Tesla, Genuine Parts, General Motors and PACCAR—have announced results. Tesla, General Motors and PACCAR managed to top earnings expectations, while Genuine Parts fell short. According to the April 22 Earnings Trends report, the broader auto sector is still expected to deliver solid growth. First-quarter 2025 earnings are projected to rise 10.9% year over year, with revenues likely to increase 3.4%. Many key auto players are scheduled to report their first-quarter 2026 results tomorrow. These include O’Reilly Automotive ORLY, Ford F, Lithia Motors LAD, Penske Automotive PAG and Carvana CVNA. Before we discuss how these companies are expected to fare this time, let’s take a look at the broader factors shaping the quarterly performance of the auto sector. The U.S. auto market lost some momentum in the first quarter of 2026, though the slowdown isn’t entirely surprising. A key factor has been tough comparisons with last year, when demand was temporarily boosted by buyers rushing purchases ahead of tariff hikes. That pull-forward effect has naturally weighed on current volumes. Affordability continues to be a major constraint. Elevated vehicle prices combined with high interest rates have discouraged many potential buyers, leading to weaker retail demand. On top of that, severe winter conditions and higher fuel costs added to consumer caution. Data from GlobalData shows retail vehicle sales fell 16% last month, while fleet demand proved relatively resilient, slipping just over 2%. Although the seasonally adjusted annual rate (SAAR) improved slightly from February levels, it still trailed last year’s pace. According to Cox Automotive, SAAR for the quarter came in at roughly 15.5 million units, down from about 16 million a year earlier. In short, the industry entered the year at a more moderate pace. High costs, lingering supply constraints and a normalization from last year’s demand surge have created a more challenging operating environment for automakers in the first quarter. Our proprietary model indicates that a company needs to have the right combination of two key ingredients — a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) — to increase the odds of an earnings beat. You can uncover the best stock...

General Motors (GM) came out with quarterly earnings of $3.7 per share, beating the Zacks Consensus Estimate of $2.61 per share. This compares to earnings of $2.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +41.81%. A quarter ago, it was expected that this an automotive manufacturer would post earnings of $2.27 per share when it actually produced earnings of $2.51, delivering a surprise of +10.57%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. General Motors, which belongs to the Zacks Automotive - Domestic industry, posted revenues of $43.62 billion for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.72%. This compares to year-ago revenues of $44.02 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. General Motors shares have lost about 4.1% since the beginning of the year versus the S&P 500's gain of 4.8%. While General Motors has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for General Motors was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's...