Information Provided By:
Fly News Breaks for February 3, 2020
GD
Feb 3, 2020 | 09:09 EDT
Argus analyst John Eade upgraded General Dynamics to Buy from Hold with a $195 price target after its Q4 earnings beat, also noting that its below-consensus guidance for FY20 is "too conservative" given that the "long-awaited" turnaround in its Aerospace business is starting to materialize. The analyst further cites improvement in the company's operating earnings and bookings as well as its "aggressive" shareholder returns through increased dividends. Eade still points to "headline risk" for General Dynamics given the uncertainty around the developments in Washington DC and the tariff-related negative impact on the stock.
News For GD From the Last 2 Days
GD
Jan 26, 2022 | 16:33 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly. 1... To see the rest of the story go to thefly.com. See Story Here
GD
Jan 26, 2022 | 12:06 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly.  1... To see the rest of the story go to thefly.com. See Story Here
GD
Jan 26, 2022 | 07:04 EST
Operating margin was 11.5% for the quarter and 10.8% for the full year. The defense segments collectively delivered revenue and operating earnings for the year that were the highest in the company's history. "Our continued focus on operating performance and protecting the health and safety of our employees contributed to strong fourth-quarter and full-year results," said Phebe Novakovic, chairman and CEO. "Furthermore, favorable cash flow has enabled us to continue reducing debt, returning value to shareholders and investing in future growth."
GD
Jan 25, 2022 | 12:48 EST
Notable companies reporting before tomorrow's open, with earnings consensus, include Abbott (ABT), consensus $1.21... AT&T (T), consensus 76c... Boeing (BA), consensus (30c)... Anthem (ANTM), consensus $5.11... ADP (ADP), consensus $1.63... Progressive (PGR), consensus $1... General Dynamics (GD), consensus $3.37... Kimberly-Clark (KMB), consensus $1.25... Amphenol (APH), consensus 63c... Corning (GLW), consensus 52c.