General Dynamics Reports Second-Quarter 2015 Results

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RBC Capital Raises Price Target on General Dynamics (GD) to $165 Following 2Q EPS Beat

July 30, 2015 10:26 AM EDT

RBC Capital reiterated an Outperform rating on General Dynamics Corp. (NYSE: GD), and raised the price target to $165.00 (from $161.00), GD posted 2Q EPS of $2.27, ahead of consensus at $2.06. GD reported revenues of $7.9bn in the quarter, up 5.5% YoY.

Analyst Robert Stallard commented, "GD... More

Drexel Hamilton Downgrades General Dynamics Corp. (GD) to Hold

July 30, 2015 9:29 AM EDT

Drexel Hamilton downgraded General Dynamics Corp. (NYSE: GD) from Buy to Hold and removed its price target (prior $152.00).

For an analyst ratings summary and ratings history on General Dynamics Corp. click here. For more ratings news on General Dynamics Corp. click here.

Shares of General Dynamics Corp. closed at $149.96 yesterday.

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General Dynamics (GD) Tops Q2 EPS by 21c; Boosts FY15 EPS Outlook

July 29, 2015 7:45 AM EDT

General Dynamics (NYSE: GD) reported Q2 EPS of $2.27, $0.21 better than the analyst estimate of $2.06. Revenue for the quarter came in at $7.9 billion versus the consensus estimate of $7.68 billion.

General Dynamics' backlog remained steady at the end of second-quarter 2015, with funded backlog at $55.4 billion and... More