General Dynamics(US:GD) ZACKSยท2025-04-23 14:35Core Viewpoint - General Dynamics reported strong financial results for the quarter ended March 2025, with significant revenue and earnings growth compared to the previous year, exceeding market expectations [1][3]. Financial Performance - Revenue for the quarter was $12.22 billion, reflecting a year-over-year increase of 13.9% and a surprise of +2.28% over the Zacks Consensus Estimate of $11.95 billion [1]. - Earnings per share (EPS) reached $3.66, up from $2.88 in the same quarter last year, representing a surprise of +5.48% over the consensus estimate of $3.47 [1]. Segment Performance - Aerospace revenue was $3.03 billion, surpassing the average estimate of $2.85 billion, with a year-over-year change of +45.2% [4]. - Technologies revenue was $3.43 billion, slightly above the estimated $3.37 billion, with a +6.8% change year-over-year [4]. - Combat Systems revenue was $2.18 billion, exceeding the $2.14 billion estimate, with a +3.5% year-over-year change [4]. - Marine Systems revenue was $3.59 billion, above the average estimate of $3.54 billion, reflecting a +7.8% change year-over-year [4]. Operating Earnings - Aerospace operating earnings were $432 million, exceeding the average estimate of $399.63 million [4]. - Marine Systems operating earnings were $250 million, above the estimated $228.95 million [4]. - Combat Systems operating earnings were $291 million, slightly below the average estimate of $315.51 million [4]. - Technologies operating earnings were $328 million, surpassing the average estimate of $302.07 million [4]. - Corporate operating earnings were -$33 million, worse than the estimated -$26.73 million [4]. Stock Performance - General Dynamics shares returned +2.7% over the past month, contrasting with the Zacks S&P 500 composite's -6.6% change [3]. - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3].