General Dynamics Reports Second-Quarter 2021 Financial Results

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General Dynamics Corp. (GD) PT Raised to $222 at Vertical Research Partners

July 28, 2021 1:11 PM EDT

Vertical Research Partners analyst Robert Stallard raised the price target on General Dynamics Corp. (NYSE: GD) to $222.00 (from $208.00) while maintaining a Buy rating.

increased 2021 EPS estimate from $11.19 to $11.56, while 2022 remain at $12.79. Similarly, 2021 FCF forecast has been moved up to $3.2bn, then growing to $3.8bn in 2022.... More

General Dynamics (GD) Tops Q2 EPS by 7c

July 28, 2021 7:05 AM EDT

General Dynamics (NYSE: GD) reported Q2 EPS of $2.61, $0.07 better than the analyst estimate of $2.54. Revenue for the quarter came in at $9.2 billion versus the consensus estimate of $9.3 billion.

Backlog at the end of second-quarter 2021 was $89.2 billion.

"The company performed impressively this quarter,... More