General Dynamics (GD) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - General Dynamics reported revenue of $13.34 billion for Q4 2024, a year-over-year increase of 14.3% and a surprise of +2.10% over the Zacks Consensus Estimate of $13.06 billion [1] - The EPS for the quarter was $4.15, compared to $3.64 a year ago, with an EPS surprise of +0.48% over the consensus estimate of $4.13 [1] Revenue Performance by Segment - Technologies revenue was $3.24 billion, exceeding the six-analyst average estimate of $3.17 billion, with a year-over-year change of +2.8% [4] - Marine Systems revenue reached $3.96 billion, surpassing the six-analyst average estimate of $3.56 billion, reflecting a year-over-year increase of +16.2% [4] - Combat Systems revenue was $2.40 billion, above the estimated $2.19 billion, showing a +1.3% change compared to the previous year [4] - Aerospace revenue was $3.74 billion, below the average estimate of $4.20 billion, but still represented a significant year-over-year change of +36.4% [4] Operating Earnings Analysis - Aerospace operating earnings were $585 million, slightly below the estimated $590.39 million [4] - Combat Systems operating earnings were $356 million, exceeding the average estimate of $339.99 million [4] - Technologies operating earnings were $319 million, compared to the average estimate of $304.78 million [4] - Marine Systems operating earnings were $200 million, below the average estimate of $233.51 million [4] - Corporate operating earnings were -$37 million, better than the estimated -$40.54 million [4] Stock Performance - General Dynamics shares returned -0.4% over the past month, while the Zacks S&P 500 composite increased by +1.7% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]