From Nasdaq: 2024-04-12 18:15:20

In the latest market close, General Dynamics (GD) reached $287.87, with a +0.13% movement compared to the previous day. The aerospace company has outperformed the S&P 500, with analysts expecting an EPS of $2.98 and revenue of $10.43 billion in the upcoming earnings report on April 24, 2024.

Investors are advised to closely monitor General Dynamics as the company approaches its earnings report. Analysts expect the EPS to rise by 12.88% YOY to $2.98, with revenue anticipated to reach $10.43 billion, indicating a 5.58% increase. Full-year estimates project earnings of $14.57 per share and revenue of $46.5 billion for GD.

General Dynamics is currently trading at a Forward P/E ratio of 19.73, which is a premium compared to the industry average. The company’s PEG ratio of 1.83 reflects strong anticipated earnings growth. The Aerospace – Defense industry has a Zacks Industry Rank of 101, placing it in the top 41% of all industries.

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Read more at Nasdaq: Why the Market Dipped But General Dynamics (GD) Gained Today