We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Seeking Clues to General Dynamics (GD) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
Read MoreHide Full Article
The upcoming report from General Dynamics (GD - Free Report) is expected to reveal quarterly earnings of $3.47 per share, indicating an increase of 20.5% compared to the year-ago period. Analysts forecast revenues of $11.88 billion, representing an increase of 10.7% year over year.
Over the last 30 days, there has been a downward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some General Dynamics metrics that are commonly tracked and projected by analysts on Wall Street.
The collective assessment of analysts points to an estimated 'Revenue- Technologies' of $3.39 billion. The estimate points to a change of +5.4% from the year-ago quarter.
The consensus among analysts is that 'Revenue- Marine Systems' will reach $3.53 billion. The estimate indicates a year-over-year change of +5.9%.
According to the collective judgment of analysts, 'Revenue- Combat Systems' should come in at $2.12 billion. The estimate indicates a change of +1.1% from the prior-year quarter.
Analysts expect 'Revenue- Aerospace' to come in at $2.84 billion. The estimate indicates a change of +36.3% from the prior-year quarter.
It is projected by analysts that the 'Operating earnings- Aerospace' will reach $406.28 million. Compared to the present estimate, the company reported $255 million in the same quarter last year.
The combined assessment of analysts suggests that 'Operating earnings- Combat Systems' will likely reach $314.51 million. The estimate compares to the year-ago value of $282 million.
Analysts' assessment points toward 'Operating earnings- Technologies' reaching $304.07 million. Compared to the current estimate, the company reported $295 million in the same quarter of the previous year.
The average prediction of analysts places 'Operating earnings- Marine Systems' at $231.35 million. Compared to the current estimate, the company reported $232 million in the same quarter of the previous year.
Over the past month, General Dynamics shares have recorded returns of +3.2% versus the Zacks S&P 500 composite's -6.3% change. Based on its Zacks Rank #3 (Hold), GD will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Seeking Clues to General Dynamics (GD) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
The upcoming report from General Dynamics (GD - Free Report) is expected to reveal quarterly earnings of $3.47 per share, indicating an increase of 20.5% compared to the year-ago period. Analysts forecast revenues of $11.88 billion, representing an increase of 10.7% year over year.
Over the last 30 days, there has been a downward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some General Dynamics metrics that are commonly tracked and projected by analysts on Wall Street.
The collective assessment of analysts points to an estimated 'Revenue- Technologies' of $3.39 billion. The estimate points to a change of +5.4% from the year-ago quarter.
The consensus among analysts is that 'Revenue- Marine Systems' will reach $3.53 billion. The estimate indicates a year-over-year change of +5.9%.
According to the collective judgment of analysts, 'Revenue- Combat Systems' should come in at $2.12 billion. The estimate indicates a change of +1.1% from the prior-year quarter.
Analysts expect 'Revenue- Aerospace' to come in at $2.84 billion. The estimate indicates a change of +36.3% from the prior-year quarter.
It is projected by analysts that the 'Operating earnings- Aerospace' will reach $406.28 million. Compared to the present estimate, the company reported $255 million in the same quarter last year.
The combined assessment of analysts suggests that 'Operating earnings- Combat Systems' will likely reach $314.51 million. The estimate compares to the year-ago value of $282 million.
Analysts' assessment points toward 'Operating earnings- Technologies' reaching $304.07 million. Compared to the current estimate, the company reported $295 million in the same quarter of the previous year.
The average prediction of analysts places 'Operating earnings- Marine Systems' at $231.35 million. Compared to the current estimate, the company reported $232 million in the same quarter of the previous year.
View all Key Company Metrics for General Dynamics here>>>
Over the past month, General Dynamics shares have recorded returns of +3.2% versus the Zacks S&P 500 composite's -6.3% change. Based on its Zacks Rank #3 (Hold), GD will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>