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General Dynamics (GD) Reports Q4 Earnings: What Key Metrics Have to Say
GDGeneral Dynamics(GD) ZACKS·2025-01-29 17:05

Core Insights - General Dynamics reported revenue of 13.34billionforQ42024,ayearoveryearincreaseof14.313.34 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,comparedto4.15, compared to 3.64 a year ago, with an EPS surprise of +0.48% over the consensus estimate of 4.13[1]RevenuePerformancebySegmentTechnologiesrevenuewas4.13 [1] Revenue Performance by Segment - Technologies revenue was 3.24 billion, exceeding the six-analyst average estimate of 3.17billion,withayearoveryearchangeof+2.83.17 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 3.56billion,reflectingayearoveryearincreaseof+16.23.56 billion, reflecting a year-over-year increase of +16.2% [4] - Combat Systems revenue was 2.40 billion, above the estimated 2.19billion,showinga+1.32.19 billion, showing a +1.3% change compared to the previous year [4] - Aerospace revenue was 3.74 billion, below the average estimate of 4.20billion,butstillrepresentedasignificantyearoveryearchangeof+36.44.20 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 590.39million[4]CombatSystemsoperatingearningswere590.39 million [4] - Combat Systems operating earnings were 356 million, exceeding the average estimate of 339.99million[4]Technologiesoperatingearningswere339.99 million [4] - Technologies operating earnings were 319 million, compared to the average estimate of 304.78million[4]MarineSystemsoperatingearningswere304.78 million [4] - Marine Systems operating earnings were 200 million, below the average estimate of 233.51million[4]Corporateoperatingearningswere233.51 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]