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General Dynamics' Q1 2026 Earnings: What to Expect
Yahoo Finance· 2026-03-30 11:02
Core Viewpoint - General Dynamics Corporation (GD) is a leading global aerospace and defense company with a market cap of $93.8 billion, expected to announce its fiscal first-quarter earnings for 2026 soon [1]. Earnings Expectations - Analysts anticipate GD will report a profit of $3.72 per share for the upcoming quarter, reflecting a 1.6% increase from $3.66 per share in the same quarter last year [2]. - For the full fiscal year 2026, EPS is projected to be $16.32, which is a 5.6% increase from $15.46 in fiscal 2025, and is expected to rise to $18.34 in fiscal 2027, marking a 12.4% year-over-year growth [3]. Earnings History - GD has consistently exceeded Wall Street's EPS estimates in its last four quarterly reports, with reported EPS of $4.17 in Q4 surpassing expectations of $4.11 [6]. - The earnings surprises for the last four quarters show positive differences, with the most recent quarter reflecting a surprise of +1.46% [4]. Stock Performance - GD stock has outperformed the S&P 500 Index, gaining 28.7% over the past 52 weeks compared to the index's 11.9% increase [4]. - The stock also outperformed the State Street Industrial Select Sector SPDR ETF, which gained 19.8% during the same period [4]. Business Performance - The company's strong performance is attributed to high demand in Aerospace and Combat Systems, with significant order intake in defense segments and Gulfstream jets [5]. - Management is focused on expanding shipyard production and investing in next-generation defense technology, while remaining cautious about cost inflation and supply chain constraints [5]. Analyst Ratings - The consensus opinion on GD stock is moderately bullish, with a "Moderate Buy" rating from analysts. Out of 23 analysts, 12 recommend a "Strong Buy," 10 suggest a "Hold," and one advises a "Strong Sell" [7]. - The average analyst price target for GD is $393.30, indicating a potential upside of 13.4% from current levels [7].