General Dynamics Earnings: What Investors Should Watch
General Dynamics (NYSE:GD) will report earnings before markets open on Wednesday, July 24th. General Dynamics Corporation is a diversified defense company. The Company offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; shipbuilding design and construction; and information systems, technologies and services.
Here is your Cheat Sheet to General Dynamics Earnings:
Earnings Expectations: Analysts expect earnings of $1.62 per share on revenues of $7.73 billion.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.71 to a profit $1.69. For the current year, the average estimate is a profit of $6.75, which is better than the estimate ninety days ago.
Here’s how General Dynamics has been performing on an annual basis:
|Revenue ($) in millions||29,300||31,981||32,466||32,677||31,513|
|Diluted EPS ($)||6.17||6.17||6.81||6.87||-0.94|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||7,922.00||7,934.00||8,078.00||7,404.00|
|Diluted EPS ($)||1.77||1.70||-6.07||1.62|
General Dynamics has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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