General Dynamics Corp reports results for the quarter ended December 31 - Earnings Summary

• General Dynamics Corp GD.N reported quarterly adjusted earnings of $4.15​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $3.64. The mean expectation of twenty two analysts for the quarter was for earnings of $4.05 per share. Wall Street expected results to range from $3.50 to $4.51 per share.

• Revenue rose 14.3% to $13.34 billion from a year ago; analysts expected $12.77 billion.

• General Dynamics Corp's reported EPS for the quarter was $4.15​.

• The company reported quarterly net income of $1.15 billion.

• General Dynamics Corp shares had fallen by 0.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 8.6% in the last three months.​

• In the last 30 days, twelve analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the aerospace & defense peer group is also "buy"

Wall Street's median 12-month price target for General Dynamics Corp is $300.00

This summary was machine generated from LSEG data January 29 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)