General Dynamics Corporation

GD

US3695501086

Aerospace & Defense

Market Closed - Nyse Other stock markets 01:30:02 17/07/2024 am IST			5-day change	1st Jan Change
291.6 ^USD	+2.16%		+4.32%	+12.29%

15/07	Melius Research Adjusts Price Target on General Dynamics to $348 From $335	MT
15/07	Morgan Stanley Adjusts Price Target on General Dynamics to $293 From $271	MT

General Dynamics Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023

January 24, 2024 at 05:30 pm IST

General Dynamics Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 11,668 million compared to USD 10,851 million a year ago. Net income was USD 1,005 million compared to USD 992 million a year ago. Basic earnings per share from continuing operations was USD 3.68 compared to USD 3.62 a year ago. Diluted earnings per share from continuing operations was USD 3.64 compared to USD 3.58 a year ago.

For the full year, the company reported sales was USD 42,272 million compared to USD 39,407 million a year ago. Net income was USD 3,315 million compared to USD 3,390 million a year ago. Basic earnings per share from continuing operations was USD 12.14 compared to USD 12.31 a year ago. Diluted earnings per share from continuing operations was USD 12.02 compared to USD 12.19 a year ago.

Latest news about General Dynamics Corporation

Melius Research Adjusts Price Target on General Dynamics to $348 From $335	15/07	MT
Morgan Stanley Adjusts Price Target on General Dynamics to $293 From $271	15/07	MT
KKR-backed OneStream seeks $4.38 billion valuation in US IPO	15/07	RE
NATO summit highlights defense deals for RTX, Boeing and others	12/07	RE
Exclusive-US has sent Israel thousands of 2,000-pound bombs since Oct. 7	29/06	RE
Heritage Environmental Services, LLC agreed to acquire EBV Explosives Environmental Company from General Dynamics Corporation (NYSE:GD).	27/06	CI
Monetary policy is getting even more confusing	26/06
BTIG Initiates General Dynamics at Buy With $345 Price Target	26/06	MT
ANALYST RECOMMENDATIONS : Accenture, Chipotle, Rivian, Walmart, Humana...	26/06
General Dynamics Gets C$2.58 Billion Canadian Military Pact With Partner	08/06	DJ
General Dynamics Appoints Elizabeth L. Schmid as Senior Vice President for Government Relations and Communications	06/06	CI
General Dynamics Declares Regular Quarterly Dividend on Common Stock, Payable August 9, 2024	06/06	CI
Russian hackers claim cyberattack on Spanish defence company	05/06	RE
Russian hackers claim cyberattack on website of Spain firm preparing tanks for Ukraine	05/06	RE
Wells Fargo Adjusts Price Target on General Dynamics to $330 From $321	03/06	MT
US Army opens new 155mm artillery munitions plant in Texas	30/05	RE
Canada to spend C$13.8 bln to replace defense training aircraft, support vehicles	29/05	RE
China Adds 3 US Firms to Unreliable List Citing National Interests Worries	24/05	MT
Alembic Global Adjusts General Dynamics' Price Target to $324 From $296	23/05	MT
Bernstein Adjusts Price Target on General Dynamics to $302 From $290	23/05	MT
Qatar Airways Business Jet Unit Adds Two Gulfstream G700 Planes to Fleet	22/05	MT
Lockheed Martin, Raytheon, General Dynamics Among 12 US Military Firms on China's Latest Blacklist	22/05	MT
General Dynamics Insider Sold Shares Worth $3,585,477, According to a Recent SEC Filing	21/05	MT
Global markets live: Apple, Tesla, Pfizer, AstraZeneca, Microsoft...	20/05
Boeing, General Dynamics Reportedly Added to China's Unreliable Entity List	20/05	MT

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Company Profile

General Dynamics Corporation specializes in the design, manufacturing and marketing of aeronautical, space, naval, and defense systems and equipment. Net sales break down by family of products and services as follows: - information systems and technologies (30.6%): telecommunication, control, surveillance, monitoring, and similar systems; - submarines and boats (29.5%); - business aircraft (20.4%). Moreover, the group offers maintenance and assistance services etc.; - defense and security systems (19.5%): armored combat vehicles, land combat systems, weapons systems, munitions, protection and detection systems, etc. Net sales break down by source of income between sales of products (58.2%) and services (41.8%). Net sales are distributed geographically as follows: the United States (85.5%), North America (2.3%), Europe (6.5%), Africa and Middle East (2.7%), Asia/Pacific (2.6%) and America Latin (0.4%).

Sector

Aerospace & Defense

Calendar

24/07/2024 - Q2 2024 Earnings Release

Related indices

S&P 500

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Ratings for General Dynamics Corporation

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

285.4 USD

Average target price

317.5 USD

Spread / Average Target

+11.26%

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