GM lifts full-year adjusted EPS outlook to $12.75-$13.75, Q3 beats estimates

The market's negative reaction to an earnings beat and a raised guidance floor is the real story here: the narrowed range effectively lowers the top end, suggesting management sees less upside than before, and the premarket selloff implies expectations were already stretched. For auto-sector watchers, this is a read on how investors are pricing peak-cycle earnings rather than on GM's current quarter, which was solid on both revenue and adjusted EPS. Whether the stock recovers intraday once the guidance nuance is digested is the open question, and the narrowed EBIT range will be the detail to track into the next report.