GD Earnings Prediction
The chart below shows how GD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GD sees a -0.41% change in stock price 10 days leading up to the earnings, and a +1.30% change 10 days following the report. On the earnings day itself, the stock moves by -0.45%. This data can give you a slight idea of what to expect for the next quarter's release.
GD Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
11.67B
10.41%
-2.55%
Gross Margin
15.56%
-0.77%
3.53%
Operating Margin
10.12%
1.20%
4.87%
Net Margin
7.97%
0.76%
5.42%
EPS
3.35
10.20%
2.76%
No Data Available
GD Earnings Analysis
General Dynamics Corporation Corporation (GD.N) Earnings Conference Call
Positive
Earnings and Revenue Overview: Earnings of $3.35 per diluted share on revenue over $11.67 billion, operating earnings of $1.18 billion, and net income of $930 million.
Revenue Increase Highlights: Company revenue increased by $1.1 billion, a strong 10.4% led by a 22% increase from the Aerospace segment and a 20% increase in Marine Systems.
Operating Earnings Increase: Operating earnings of $1.18 billion are up $124 million or 11.7%.
Earnings Growth Overview: Net earnings increased by $94 million or 11.2% and earnings per share are up $0.31 or 10.2% over the year ago quarter.
Revenue and Earnings Growth: Revenue of $34.4 billion is up $3.77 billion or 12.3% over last year, with operating earnings of $3.37 billion up 14.1%.
Negative
Earnings Miss Reported: Earnings per diluted share reported at $3.35, which is below expectations, indicating a miss in earnings consensus.
Operating Earnings Performance: Operating earnings of $1.18 billion reflect a 11.7% increase, but still fall short of prior forecasts.
Revenue Growth Analysis: Despite a revenue increase of $1.1 billion, the overall revenue growth was only 10.4%, which is lower than anticipated.
G700 Delivery Shortfall: The company delivered only four G700s in the quarter, significantly below the expected delivery of 50 to 52 units for the year.
Decline in Operating Margins: Operating margins decreased by 90 basis points compared to the previous year, indicating a decline in profitability.
GD FAQs
How does GD typically perform around its earnings report dates?
Is General Dynamics Corporation (GD) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
GD Earning Call Sentiment
General Dynamics Corporation (GD) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
GD.N
1.28%Positive
The earnings call shows strong financial performance with significant revenue growth across segments, improved free cash flow, and a substantial backlog. Positive guidance and increased EPS, along with shareholder returns via dividends and buybacks, further support a positive outlook. Despite some supply chain challenges, management projects margin improvements and growth in key areas. The Q&A reveals confidence in overcoming supply chain issues and continued demand, particularly in Combat Systems. Overall, the sentiment is positive, likely resulting in a stock price increase of 2% to 8% over the next two weeks.