Will General Dynamics (GD) Beat Estimates Again in Its Next Earnings Report?

Core Insights - General Dynamics is a strong candidate for investors looking for stocks that consistently beat earnings estimates, particularly in the Aerospace-Defense industry [1] Earnings Performance - For the most recent quarter, General Dynamics reported earnings of $3.47 per share, missing the expected $3.66 per share by 5.48%. In the previous quarter, the company exceeded expectations with earnings of $4.15 per share against a consensus estimate of $4.13 per share, resulting in a surprise of 0.48% [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for General Dynamics, with a positive Zacks Earnings ESP of +6.19%, indicating analysts' bullish sentiment regarding the company's earnings prospects [5][8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [6][8] Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions, which may provide more accurate predictions [7] - Monitoring the Earnings ESP before quarterly releases is crucial for increasing the odds of successful investments [10]