GD Stock Recent News

General Dynamics (GD) came out with quarterly earnings of $3.26 per share, missing the Zacks Consensus Estimate of $3.30 per share. This compares to earnings of $2.70 per share a year ago.

General Dynamics reported an 18% rise in second-quarter revenue on Wednesday, helped by higher demand for its ammunitions and nuclear-powered submarines.

Revenue of $12 billion, up 18% from year-ago quarter Operating earnings of $1.2 billion, up 20.2% from year-ago quarter Diluted EPS of $3.26, up 20.7% from year-ago quarter Operating margin of 9.7%, a 20-basis-point expansion from year-ago quarter RESTON, Va. , July 24, 2024 /PRNewswire/ -- General Dynamics (NYSE: GD) today reported second-quarter 2024 revenue of $12 billion, up 18% from the second quarter of 2023.

General Dynamics Corporation GD will release its financial results for the second quarter, before the opening bell on Wednesday, July 24.

General Dynamics' (GD) second-quarter earnings are likely to have benefited from improved revenues across its segments, along with lower interest expenses and an improved operating margin.

General Dynamics (GD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Following the June 27 presidential debate, the leader of Russia, Vladimir Putin, openly stated how seriously he takes former President Donald Trump's commitment to ending the war in Ukraine. With Trump vocal about the importance of ending America's wars, it's likely the defense industry will take a hit following the closure of Europe's biggest war in almost 80 years.

The defense industry stands as a cornerstone of global security, and its importance continues to grow with rising geopolitical complexities. As governments worldwide prioritize national defense and allocate significant budgets to bolster military capabilities, the defense sector presents multiple compelling investment opportunities.

RESTON, Va. , July 3, 2024 /PRNewswire/ -- General Dynamics (NYSE: GD) will webcast its second-quarter 2024 earnings results conference call on Wednesday, July 24, beginning at 9 a.m.

Amidst ongoing conflicts, the choice of defense stocks for investors might seem crucial yet unpredictable due to varying government spending priorities. Though economic upheaval isn't my primary prediction, several scenarios could disrupt the U.S. economy.