General Dynamics (GD) Stock

General Dynamics (GD) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

Gulfstream Aerospace Corp., part of General Dynamics, has received a major contract to provide support services for U.S. military aircraft. This contract, awarded by the U.S. Air Force Life Cycle Management Center, focuses on the C-20 and C-37 fleets. The announcement was made on November 22, 2024, in Savannah, Georgia.

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The financial results for General Dynamics (GD) from the quarter ending in September 2024 provide insight into the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.

General Dynamics (GD) reported quarterly earnings of $3.35 per share, which is lower than the Zacks Consensus Estimate of $3.54 per share. This is an increase compared to earnings of $3.04 per share from the same period last year.

General Dynamics Corporation (NYSE:GD) will hold its Q3 2024 Earnings Conference Call on October 23, 2024, at 9:00 AM ET. The call will feature company representatives, including Nicole Shelton, the Vice President of Investor Relations, and Phebe N. Novakovic, the Chairman and CEO.

GD's earnings for the third quarter are expected to increase due to higher revenues in many of its areas, reduced interest costs, and a strong operating margin.

General Dynamics (GD) lacks the right mix of two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.

Since the beginning of the 20th century, stocks that pay dividends have provided most of the returns in the U.S. market. General Dynamics has a good yield of 1.86% and a growth rate of about 5% over the past five years.