BUZZ-General Motors rises after lifting annual profit forecast

General Motors Company
Marriott International, Inc. Class A

General Motors Company

GM

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Marriott International, Inc. Class A

MAR

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** Shares of General Motors GM.N rise ~1.6% to $77 premarket

** Co raises its full-year earnings outlook after posting a 30% increase in second-quarter core profit on the back of profitable SUV and truck sales

** Raises 2026 profit outlook by $500 million to a range of $14 billion to $16 billion

** On an adjusted basis, earns quarterly profit per share of $3.57, above analyst expectations of $3.20 - data compiled by LSEG

** Median PT of 28 brokerages covering the stock is $97.5 - data compiled by LSEG

** As of last close, stock down ~7% YTD


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