General Dynamics (GD) reported $11.67 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 7.5%. EPS of $3.64 for the same period compares to $3.58 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $11.54 billion, representing a surprise of +1.09%. The company delivered an EPS surprise of -0.55%, with the consensus EPS estimate being $3.66.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Another relatively strong trading session in the stock market today welcomed market participants. Well, the Dow gave back some of its all-time high close yesterday — -96 points, -0.25%, back below 38K to 37,905. And the small-cap Russell 2000 slipped -0.28% on the day. But the S&P 500 notched a new all-time high close — +14.17 points, +0.29% to 4864.60 — while the Nasdaq climbed +65 points, +0.43%, to lead all major indices.After the closing bell, Netflix (NFLX) is out with a mixed Q4 report, missing earnin ...

General Dynamics Corporation (GD) is set to release fourth-quarter and full-year 2023 results on Jan 24 before market open.General Dynamics delivered an earnings surprise of 3.68% in the last four quarters, on average. The strong performance from its Aerospace unit is likely to have boosted its overall fourth-quarter results amid supply chain woes.Aerospace Unit to Witness Strong GrowthStrong revenues from service activity, backed by solid commercial air traffic, are likely to have contributed to the overal ...

Wall Street analysts expect General Dynamics (GD) to post quarterly earnings of $3.73 per share in its upcoming report, which indicates a year-over-year increase of 4.2%. Revenues are expected to be $11.52 billion, up 6.2% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 1.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timef ...

A General Dynamics F-16 Falcon in flight during a combat mission. Stocktrek/DigitalVision via Getty Images Anybody who has been a market participant for at least a while knows that volatility is a fact of life in the stock market. The market can seemingly shift overnight from apathy or fear of a stock to greed toward that same stock. The aerospace and defense contractor, General Dynamics (NYSE:GD) is a recent example of this argument in action. Since my article last September, shares have rallied 14% - - do ...

General Dynamics (GD) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 24, 2024, might help the stock move higher if these key numbers are better ...

DanielBendjy I like the US Defense Primes (GD, LMT, NOC) for 2024 due to further growing US defense budgets and relative undervaluation vs the broader market. Current global conflicts and a 9% in the US defense budget should spur demand for both placement of new orders and procurement of replacements and ammunitions while recently launched platforms (F-35, B-21, Virginia-Class) provide multi-year earnings visibility for the Primes. With the Fed's hinting at a soft landing, defense has underperformed in 2023 ...

RESTON, Va., Jan. 5, 2024 /PRNewswire/ -- General Dynamics (NYSE:GD) announced today that Mark Roualet, who currently serves as executive vice president of Combat Systems, has informed the company that he will retire in April. He will be succeeded by Danny Deep, who currently serves as president of General Dynamics Land Systems, effective April 15. "Mark has served General Dynamics with distinction for over 40 years with a demonstrated record of operational excellence," said Phebe Novakovic, chairman and ch ...

RESTON, Va., Jan. 4, 2024 /PRNewswire/ -- General Dynamics (NYSE: GD) will webcast its fourth-quarter and full-year 2023 financial results conference call on Wednesday, January 24, beginning at 9 a.m. EST. The live webcast of the conference call will be available at www.gd.com. A replay will be available shortly after the live presentation. More information about General Dynamics is available at www.gd.com.   SOURCE General Dynamics ...

RTX Corporation’s (RTX) business unit, Raytheon, recently announced that it has secured a $400 million contract from the U.S. Airforce to produce and deliver more than 1,500 StormBreaker smart weapons.About StormBreakerRTX’s StormBreaker is a precision-guided winged munition. It is a smart weapon that can autonomously detect and classify moving targets in poor visibility situations caused by darkness, bad weather, smoke, or dust kicked up by helicopters. The small size enables the use of fewer aircraft to t ...