General Dynamics (GD) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this defense contractor have returned +0.7% over the past month versus the Zacks S&P 500 composite's -2% change. The Zacks Aerospace - Defense industry, to which General Dynamics belongs, has lost 8.1% over this period. Now the key question is: Where could the stock be headed in the near term?Although media ...

Robert Stallard And we will take our next question from Sheila Kahyaoglu with Jefferies. Your line is open. Sheila Kahyaoglu Sheila Kahyaoglu Operator Good morning. Â Okay. Thanks for that. Last quarter, you made some more kind of positive comments regarding the potential for share repurchase to step up. Obviously, you did a little bit this quarter, but not that much. How are you thinking about that now? Did that have to do with the fact that you ended up burning cash in Q1? Just how youÂ're thinking about ...

First-Quarter 2024 Highlights This presentation contains forward-looking statements (FLS), including statements about the company's future operational and financial performance, which are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "forecasts," "scheduled," "outlook," "estimates," "should" and variations of these words and similar expressions are intended to identify FLS. In making FLS, we rely on assumptions and an ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [☑] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR [☐] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 1-3671 GENERAL DYNAMICS CORPORATION (Exact name of registrant as specified in its charter) Delaware 13-1673581 S ...

General Dynamics (GD) reported $10.73 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 8.6%. EPS of $2.88 for the same period compares to $2.64 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $10.2 billion, representing a surprise of +5.20%. The company delivered an EPS surprise of -0.35%, with the consensus EPS estimate being $2.89.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

General Dynamics Corporation (GD) reported first-quarter 2024 earnings per share (EPS) of $2.88, which missed the Zacks Consensus Estimate of $2.89 by 0.4%. However, the figure increased 9.1% from $2.64 per share recorded in the year-ago quarter.Total RevenuesGeneral Dynamics’ revenues of $10,731 million in the reported quarter beat the Zacks Consensus Estimate of $10,201 million by 5.2%. The top line also improved 8.6% from the prior-year reported figure.The year-over-year improvement can be attributed to ...

General Dynamics (GD) came out with quarterly earnings of $2.88 per share, missing the Zacks Consensus Estimate of $2.89 per share. This compares to earnings of $2.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.35%. A quarter ago, it was expected that this defense contractor would post earnings of $3.66 per share when it actually produced earnings of $3.64, delivering a surprise of -0.55%.Over the last four quarters, th ...

Exhibit 99.1 11011 Sunset Hills Road Reston, Virginia 20190 News www.gd.com Contact: Jeff A. Davis Tel: 703 876 3483 press@generaldynamics.com General Dynamics Reports First-Quarter 2024 Financial Results April 24, 2024 • Revenue of $10.7 billion, up 8.6% from year-ago quarter • Operating earnings of $1 billion, up 10.4% from year-ago quarter • Diluted EPS of $2.88, up 9.1% from year-ago quarter • Operating margin of 9.7%, a 20 basis-point expansion from year-ago quarter RESTON, Va. – General Dynamics (NYSE ...

RobertDupuis/E+ via Getty Images Thesis Geopolitical volatility has been on the rise. The enterprises that thrive in such an environment are the shipping, energy, and defense industries. I have discussed shipping extensively in my articles. Now, it is time to venture into my two favorite industries: energy and defense. Today’s article discusses General Dynamics (NYSE:GD), one of the major defense contractors in the US. GD is one of two enterprises building nuclear-powered submarines for the US Navy (the ...

General Dynamics Corp.’s (GD) Land Systems business unit recently secured a contract to provide technical support for its Abrams battle tank system. The award has been offered by the Army Contracting Command, Detroit Arsenal, MI.Valued at $22 million, the contract is expected to be completed by Jan 15, 2025. Work related to this deal will be executed in Sterling Heights, MI.What’s Favoring General Dynamics?Over the past few years, there has been a significant expansion in military spending by nations across ...