General Dynamics Reports Third-Quarter 2015 Results

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Lower Tax Rate and Buyback Help General Dynamics (GD) Increase EPS Guidance; RBC Capital Raises Price Target to $169

October 29, 2015 7:01 AM EDT

RBC Capital reiterated an Outperform rating on General Dynamics Corp. (NYSE: GD), and raised the price target to $169.00 (from $165.00), following the company's 3Q15 earnings results. 3Q15 EPS of $2.28 came in ahead of consensus at $2.13. On the call, management raised 2015 EPS guidance from... More

General Dynamics (GD) Tops Q3 EPS by 15c

October 28, 2015 7:34 AM EDT

General Dynamics (NYSE: GD) reported Q3 EPS of $2.28, $0.15 better than the analyst estimate of $2.13. Revenue for the quarter came in at $7.99 billion versus the consensus estimate of $7.83 billion.

"General Dynamics had another solid quarter," said Phebe Novakovic, chairman and chief executive officer. "This is our fourth consecutive quarter with more than $1 billion in operating earnings,... More