Stock Analysis
- United States
- /
- Aerospace & Defense
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- NYSE:GD
General Dynamics First Quarter 2024 Earnings: EPS: US$2.92 (vs US$2.66 in 1Q 2023)
General Dynamics (NYSE:GD) First Quarter 2024 Results
Key Financial Results
- Revenue: US$10.7b (up 8.6% from 1Q 2023).
- Net income: US$799.0m (up 9.5% from 1Q 2023).
- Profit margin: 7.4% (in line with 1Q 2023).
- EPS: US$2.92 (up from US$2.66 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
General Dynamics Earnings Insights
Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Aerospace & Defense industry in the US.
Performance of the American Aerospace & Defense industry.
The company's shares are down 1.5% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of General Dynamics' balance sheet and an in-depth analysis of the company's financial position.
Valuation is complex, but we're helping make it simple.
Find out whether General Dynamics is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About NYSE:GD
General Dynamics
General Dynamics Corporation operates as an aerospace and defense company worldwide.
Flawless balance sheet, undervalued and pays a dividend.