General Dynamics Corp. (NYSE: GD) Maintains Hold Rating and Optimistic Price Target

General Dynamics Corporation, listed as NYSE:GD, is a prominent player in the aerospace and defense industry. The company is known for its diverse range of products and services, including Gulfstream business jets and combat vehicles. As a major defense contractor, General Dynamics competes with other industry giants like Lockheed Martin and Northrop Grumman.

General Dynamics is set to release its quarterly earnings on April 23, 2025, before the market opens. Analysts expect the company to report earnings per share (EPS) of $3.47, reflecting a 20.5% increase from the previous year. The projected revenue for the quarter is approximately $11.95 billion, marking a 10.7% rise year over year.

Despite an average negative earnings surprise of 1.61% over the last four quarters, the upcoming results are expected to show strong performance across all business segments. The Aerospace Unit, in particular, is anticipated to post robust sales, driven by Gulfstream aircraft deliveries, especially the G700 jets. The Zacks Consensus Estimate for the Aerospace segment's revenues is projected at $2.8 billion, a 35.4% increase from the same quarter last year.

The stock's movement will largely depend on whether the actual results surpass expectations. A positive earnings surprise could lead to a rise in the stock price, while a miss might result in a decline. Changes in earnings estimates are crucial as they can influence investor reactions to the stock, as highlighted by empirical research.

General Dynamics has a price-to-earnings (P/E) ratio of 19.75 and a price-to-sales ratio of 1.54, indicating the market's valuation of its sales. The company's debt-to-equity ratio is 0.48, showing a moderate level of debt compared to equity. The current ratio is 1.37, reflecting the company's ability to cover short-term liabilities with short-term assets.

General Dynamics Corporation, listed as NYSE:GD, is a prominent player in the aerospace and defense industry. The company is known for its diverse range of products and services, including Gulfstream business jets and combat vehicles. As a major defense contractor, General Dynamics competes with other industry giants like Lockheed Martin and Northrop Grumman.

General Dynamics is set to release its quarterly earnings on April 23, 2025, before the market opens. Analysts expect the company to report earnings per share (EPS) of $3.47, reflecting a 20.5% increase from the previous year. The projected revenue for the quarter is approximately $11.95 billion, marking a 10.7% rise year over year.

Despite an average negative earnings surprise of 1.61% over the last four quarters, the upcoming results are expected to show strong performance across all business segments. The Aerospace Unit, in particular, is anticipated to post robust sales, driven by Gulfstream aircraft deliveries, especially the G700 jets. The Zacks Consensus Estimate for the Aerospace segment's revenues is projected at $2.8 billion, a 35.4% increase from the same quarter last year.

The stock's movement will largely depend on whether the actual results surpass expectations. A positive earnings surprise could lead to a rise in the stock price, while a miss might result in a decline. Changes in earnings estimates are crucial as they can influence investor reactions to the stock, as highlighted by empirical research.

General Dynamics has a price-to-earnings (P/E) ratio of 19.75 and a price-to-sales ratio of 1.54, indicating the market's valuation of its sales. The company's debt-to-equity ratio is 0.48, showing a moderate level of debt compared to equity. The current ratio is 1.37, reflecting the company's ability to cover short-term liabilities with short-term assets.

General Dynamics (NYSE:GD) saw its stock dip 3% intra-day today after reporting fourth-quarter earnings that fell short of analyst projections. While revenue came in slightly ahead of expectations, earnings per share failed to meet forecasts, raising investor concerns.

The aerospace and defense company posted adjusted earnings per share of $4.15, below the anticipated $4.30. However, revenue climbed to $13.34 billion, surpassing the consensus estimate of $13.22 billion and reflecting a 14.3% year-over-year increase.

Despite the earnings miss, CEO Phebe N. Novakovic highlighted the company’s overall performance, pointing to steady growth in revenue and earnings across all four of its business segments.

For the full year 2024, General Dynamics generated $47.72 billion in revenue, marking a 12.9% increase compared to the prior year. The company’s Aerospace division, which includes Gulfstream business jets, reported a rise in deliveries, with 47 aircraft delivered in the quarter—up from 39 a year earlier. Large-cabin jet deliveries also increased to 42 from 32.

General Dynamics ended 2024 with a backlog of $90.6 billion, up 9.1% year-over-year. The book-to-bill ratio for the full year remained steady at 1-to-1, reinforcing the company’s solid order pipeline despite near-term earnings pressures.

• General Dynamics Corporation (NYSE:GD) reported an EPS of $4.15, beating the estimated $4.07.
• The company's quarterly revenue was $13.34 billion, surpassing the forecast of $12.81 billion.

General Dynamics Corporation (NYSE:GD) is a major player in the aerospace and defense industry, known for its production of military munitions, vehicles, and aircraft. The company competes with other defense giants like Lockheed Martin and Northrop Grumman. On January 29, 2025, GD reported earnings per share (EPS) of $4.15, surpassing the estimated $4.07, showcasing its strong financial performance.

The company's revenue for the quarter reached approximately $13.34 billion, exceeding the estimated $12.81 billion. This impressive revenue growth is driven by consistent demand for its defense products, as highlighted by Reuters. GD's defense businesses continue to thrive, contributing significantly to its overall financial success.

General Dynamics reported a 14.2% increase in its fourth-quarter profit, with net earnings of $1.1 billion. This growth is a testament to the company's robust performance in the defense sector. The diluted EPS for the quarter was $4.15, reflecting a 14% rise from the previous year, indicating strong profitability. For the full year, GD achieved net earnings of $3.8 billion, a 14.1% increase from 2023, on revenue of $47.7 billion. The full-year diluted EPS was $13.63, up 13.4% from the previous year. 

In the aviation segment, Gulfstream delivered 47 aircraft in the fourth quarter, including 42 large-cabin aircraft. Over the entire year, GD delivered a total of 136 aircraft, with 118 being large-cabin models. This highlights the company's strong order activity and its ability to meet market demand.

General Dynamics (NYSE:GD) saw its stock dip 3% intra-day today after reporting fourth-quarter earnings that fell short of analyst projections. While revenue came in slightly ahead of expectations, earnings per share failed to meet forecasts, raising investor concerns.

The aerospace and defense company posted adjusted earnings per share of $4.15, below the anticipated $4.30. However, revenue climbed to $13.34 billion, surpassing the consensus estimate of $13.22 billion and reflecting a 14.3% year-over-year increase.

Despite the earnings miss, CEO Phebe N. Novakovic highlighted the company’s overall performance, pointing to steady growth in revenue and earnings across all four of its business segments.

For the full year 2024, General Dynamics generated $47.72 billion in revenue, marking a 12.9% increase compared to the prior year. The company’s Aerospace division, which includes Gulfstream business jets, reported a rise in deliveries, with 47 aircraft delivered in the quarter—up from 39 a year earlier. Large-cabin jet deliveries also increased to 42 from 32.

General Dynamics ended 2024 with a backlog of $90.6 billion, up 9.1% year-over-year. The book-to-bill ratio for the full year remained steady at 1-to-1, reinforcing the company’s solid order pipeline despite near-term earnings pressures.

• General Dynamics Corporation (NYSE:GD) reported an EPS of $4.15, beating the estimated $4.07.
• The company's quarterly revenue was $13.34 billion, surpassing the forecast of $12.81 billion.

General Dynamics Corporation (NYSE:GD) is a major player in the aerospace and defense industry, known for its production of military munitions, vehicles, and aircraft. The company competes with other defense giants like Lockheed Martin and Northrop Grumman. On January 29, 2025, GD reported earnings per share (EPS) of $4.15, surpassing the estimated $4.07, showcasing its strong financial performance.

The company's revenue for the quarter reached approximately $13.34 billion, exceeding the estimated $12.81 billion. This impressive revenue growth is driven by consistent demand for its defense products, as highlighted by Reuters. GD's defense businesses continue to thrive, contributing significantly to its overall financial success.

General Dynamics reported a 14.2% increase in its fourth-quarter profit, with net earnings of $1.1 billion. This growth is a testament to the company's robust performance in the defense sector. The diluted EPS for the quarter was $4.15, reflecting a 14% rise from the previous year, indicating strong profitability. For the full year, GD achieved net earnings of $3.8 billion, a 14.1% increase from 2023, on revenue of $47.7 billion. The full-year diluted EPS was $13.63, up 13.4% from the previous year. 

In the aviation segment, Gulfstream delivered 47 aircraft in the fourth quarter, including 42 large-cabin aircraft. Over the entire year, GD delivered a total of 136 aircraft, with 118 being large-cabin models. This highlights the company's strong order activity and its ability to meet market demand.