Q1 Auto Earnings Outlook: Will F, CVNA, and Three Others Surpass Expectations?

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The first-quarter earnings season for the Auto-Tires-Trucks sector began with mixed results on April 22, 2026. Among four S&P 500 companies reporting—Tesla, Genuine Parts, General Motors, and PACCAR—Tesla, General Motors, and PACCAR exceeded earnings expectations, while Genuine Parts did not. The overall auto sector is projected to see a 10.9% rise in year-over-year earnings and a 3.4% increase in revenues for the first quarter.

Ford is expected to report earnings of 20 cents per share on revenues of $39.3 billion, reflecting a 43% year-over-year increase in earnings. In contrast, Lithia’s earnings are forecasted at $7.06 per share (down 8% year-over-year) with revenues pegged at $9 billion (up 2%). Carvana anticipates earnings of $1.42 per share (down 6% year-over-year) and $6 billion in revenues (up 46%).

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