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General Dynamics Corporation (GD), headquartered in Reston, Virginia, is a global aerospace and defense company. Valued at $82.5 billion by market cap, the company offers a broad portfolio of products and services in business aviation, combat vehicles, weapons systems, munitions, shipbuilding design and construction, information systems, and technologies. The company is anticipated to release its Q3 2024 earnings on Wednesday, Oct. 23.
Ahead of the event, analysts expect General Dynamics’ Q3 EPS to surge 22.4% year over year to $3.72. The company has surpassed Wall Street’s EPS estimates in just one of the previous four quarters while missing on three other occasions. Its profit per share for the last reported quarter grew 20.7% year over year to $3.26 but missed the consensus estimates by 1.2%.