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 +1.21% change in stock price 10 days leading up to the earnings, and a +1.13% change 10 days following the report. On the earnings day itself, the stock moves by -0.92%. 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
13.34B
14.31%
14.28%
Gross Margin
15.63%
-5.16%
0.45%
Operating Margin
10.67%
-3.35%
5.43%
Net Margin
8.61%
0.00%
8.03%
EPS
4.14
14.05%
23.58%
No Data Available
GD Earnings Analysis
General Dynamics Corp Corporation (GD.N) Earnings Conference Call
Positive
Quarterly Earnings Report: 4th quarter earnings of $4.15 per diluted share on revenue of $13.34 billion, with revenue up 14.3% year-over-year and operating earnings up 10.5%.
Aerospace Revenue Surge: Aerospace revenue increased by 36.4% quarter-over-quarter, with operating earnings up 30.3%, driven by strong demand for Gulfstream Aircraft and a significant increase in deliveries.
Strong Revenue and Backlog: Combat Systems achieved a revenue of $2.4 billion for the quarter, with a book-to-bill ratio of 1.3:1, indicating robust order intake and a strong backlog of nearly $17 billion.
Shipbuilding Revenue Surge: Marine Systems reported a revenue increase of 16.2% year-over-year, with full-year revenue of $14.3 billion, reflecting strong growth in shipbuilding programs.
Record Orders and Earnings: Technologies group achieved record orders of $14.7 billion for the year, resulting in a book-to-bill ratio of 1.1:1, with GDIT delivering its highest ever revenue and earnings.
Negative
Aerospace Earnings Shortfall: Earnings fell short of internal expectations, with Aerospace revenue and earnings lower than anticipated due to delayed G700 deliveries, resulting in a 70 basis point margin compression.
Cash Flow Decline: Operating cash flow for 2024 was $4.1 billion, translating to a cash conversion rate of only 85%, significantly down from 115% in 2023, indicating working capital growth issues.
Operating Earnings Decline: Marine Systems reported a 7.8% decline in operating earnings for Q4, with a 130 basis point decrease in operating margin, primarily due to supply chain delays and quality issues.
Margin Pressure in Technologies: Technologies segment experienced margin pressure, with Mission Systems revenue down about 2% year-over-year, reflecting challenges in transitioning from legacy programs to new ones.
Operating Margin Decline: The company anticipates a decrease in operating margins in 2025 for the Technologies segment, projecting a 40 basis point decline to 9.2%, indicating ongoing profitability challenges.
GD FAQs
How does GD typically perform around its earnings report dates?
Is General Dynamics Corp (GD) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
GD Earning Call Sentiment
Earnings call transcript: General Dynamics Q4 2024 sees revenue rise
GD.N
0.57%Positive
The earnings call summary reveals strong financial performance in Aerospace and Marine Systems, but with weak EPS guidance. The Q&A section highlights supply chain challenges and unclear management responses, which may concern investors. The positive aspects, such as increased revenue and shareholder returns, are balanced by these uncertainties. Thus, the stock price is likely to remain stable.
