A string of events involving
General Dynamics (GD) has recently unfolded. The company has outperformed the broader market, showing gains amidst both increases and reductions in the stock market. Although their
Q1 2024 earnings missed estimates, their revenue surpassed expectations. It acquired a $922M deal to modernize CENTCOM and a $106.2M U.S. Navy contract while also securing a $655M contract for M1128. In more corporate news, GD's
VP William A. Moss sold 21,050 shares whereas Meridian Wealth Management sold 3,179 shares. Simultaneously, Haverford Trust Co and Quotient Wealth Partners LLC made new investments. Unfortunately, GD's Q1 2024 earnings are aligning with EPS projections, but there are concerns whether this may affect the future stock price. Despite the challenges, GD's
dividend stocks remain attractive, with the board approving a 7.6% dividend hike, and it is receiving an average recommendation of “Moderate Buy” from brokerages.
General Dynamics GD News Analytics from Tue, 10 Oct 2023 07:00:00 GMT to Sun, 19 May 2024 21:00:25 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor -2
