General Dynamics (GD) Scheduled to Post Earnings on Wednesday
General Dynamics (NYSE:GD) will release its Q114 earnings data on Wednesday, April 23rd. Analysts expect General Dynamics to post earnings of $1.64 per share and revenue of $7.20 billion for the quarter. General Dynamics has set its FY14 guidance at $6.80-6.85 EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.
General Dynamics (NYSE:GD) last announced its earnings results on Wednesday, January 22nd. The company reported $1.76 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.76. The company had revenue of $8.08 billion for the quarter, compared to the consensus estimate of $8.01 billion. During the same quarter last year, the company posted $1.39 earnings per share. General Dynamics’s revenue was up .4% compared to the same quarter last year. On average, analysts expect General Dynamics to post $7.21 EPS for the current fiscal year and $7.74 EPS for the next fiscal year.
Shares of General Dynamics (NYSE:GD) opened at 109.30 on Tuesday. General Dynamics has a 52 week low of $66.23 and a 52 week high of $113.57. The stock’s 50-day moving average is $108.4 and its 200-day moving average is $97.65. The company has a market cap of $38.414 billion and a P/E ratio of 16.36.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. raised their price target on shares of General Dynamics from $116.00 to $133.00 in a research note on Wednesday, April 9th. They now have a “buy” rating on the stock. On a related note, analysts at Deutsche Bank raised their price target on shares of General Dynamics from $121.00 to $122.00 in a research note on Monday, April 7th. They now have a “buy” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of General Dynamics in a research note on Friday, April 4th. They now have a $116.00 price target on the stock. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $112.00.
General Dynamics Corporation is an aerospace and defense company that offers a portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; military and commercial shipbuilding, and communications and information technology.
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