Subscribers to Chart of the Week received this commentary on Sunday, February 4.Later this month, Feb 24. will mark the two-year anniversary of Russia’s invasion of Ukraine. And next Wednesday marks four months since the Oct. 7 attack on Israel by Hamas. There’s nothing to celebrate about these two dates, unless some progress toward a ceasefire is made toward each conflict in the coming days and weeks. In the weeks after Russia first attacked Ukraine back in 2022, I wondered out loud what it could mean for ...

RESTON, Va., Jan. 30, 2024 /PRNewswire/ -- General Dynamics (NYSE: GD) Chief Executive Officer Phebe Novakovic will speak at the Cowen 45th Annual Aerospace & Defense Conference in Arlington, Virginia, on Tuesday, February 13, at 11:30 a.m. EST.  A link to the live webcast of the presentation will be available at https://wsw.com/webcast/cowen153/gd/1661319. General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship constructio ...

With the rising tensions around the world, it is no surprise that stocks in the war and defense sector are recording massive price gains, but what is interesting is the connection between these companies and some of America’s most prominent politicians, including United States Senator Lindsey Graham.As it happens, the largest political donors to the senior Republican senator from South Carolina over the years have been the companies that have directly benefitted from war, according to the information reveal ...

Omar Marques/Getty Images News General Dynamics (NYSE:GD) is an aerospace and defense company that generates more than 70% of its revenue from the U.S. government. It has a steady growth record with a stable and quite healthy backlog. I forecast that the company will benefit from the increasing tension in the global geopolitical situation. The company reported its Q4 FY23 results on January 24th, exceeding revenue expectations. I am initiating coverage with a 'Strong Buy' recommendation and a fair value ...

General Dynamics Corporation (GD) reported fourth-quarter 2023 earnings per share (EPS) of $3.64, which missed the Zacks Consensus Estimate of $3.66 by 0.6%. However, the figure increased 1.7% from $3.58 per share recorded in the year-ago quarter.General Dynamics reported EPS of $12.02 per share for 2023, which missed the Zacks Consensus Estimate of $12.12 by 0.8%. The bottom line also decreased 1.4% from $12.19 per share recorded in the year-ago quarter.Total RevenuesGeneral Dynamics’ revenues of $11,668 m ...

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 ...