These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. General Dynamics Corporation (NYSE:GD) Q2 2020 Earnings Conference Call - Final Transcript Good morning, and welcome to the General Dynamics Second Quarter 2020 Earnings Conference Call. General Dynamics Corporation GD reported second-quarter 2020 earnings from continuing operations of $2.18 per share, which beat the Zacks Consensus Estimate of $2.14 by 1.89%. The company delivered 32 aircraft during the quarter, up from 23 last quarter, despite continued pandemic-related challenges to making international deliveries. 32 aircraft delivered despite pandemic-caused delivery challenges. General Dynamics Corporation (GD - Free Report) reported second-quarter 2020 earnings from continuing operations of $2.18 per share, which beat … General Dynamics Corporation GD reported second-quarter 2020 earnings from continuing operations of $2.18 per share, which beat the Zacks Consensus Estimate of $2.14 by 1.89%. FALLS CHURCH, Va. – General Dynamics (NYSE: GD) today reported second-quarter 2019 revenue of $9.6 billion, up 4 percent year-over-year, with net earnings of $806 million. General Dynamics follows other major Capital Goods sector earnings this month On Wednesday, Boeing reported second quarter EPS of $-5.82 on revenue of $15.75B, compared to forecasts of EPS of $1.87 on revenue of $19.21B. Vous pouvez modifier vos choix à tout moment dans vos paramètres de vie privée. Our proven model does not conclusively predict an earnings beat for General Dynamics this earnings season. Defense behemoth, General Dynamics Corporation GD is scheduled to release second-quarter 2017 results on Jul 26, before the opening bell. Quotes are delayed at least 20 minutes. General Dynamics (GD) came out with quarterly earnings of $2.18 per share, beating the Zacks Consensus Estimate of $2.14 per share. July 29, 2020. Estimated potential contract value, representing management’s estimate of value in unfunded indefinite delivery, indefinite quantity (IDIQ) contracts and unexercised options, was $49.6 billion. AngioDynamics (ANGO) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. Press Release (opens in new window) PDF 900 KB Presentation (opens in new window) PDF 303 KB. The webcast will be a listen-only audio event available at www.gd.com. Let's see how things are shaping up prior to this announcement. This, in turn, can be expected to boost the company's international expansion. Yahoo fait partie de Verizon Media. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. The company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release. General Dynamics Corp (GD) Q3 2019 Earnings Call Transcript GD earnings call for the period ending September 30, 2019. General Dynamics' (GD) total backlog grows 22% year over year in the second quarter, primarily led by higher orders received by its Marine System segment. Q2 2021 Earnings Call Jan 7, 2021, 8:00 a ... bit more of an impact in our Q2. “We are focused on the basics of early and aggressive cost management, performance and cash conversion as we manage through this period.”. Free cash flow from operations, defined as net cash provided by operating activities less capital expenditures, was $622 million, 100% of net earnings. We've got the odd Q2, September, October, November. Net cash provided by operating activities in the quarter totaled $843 million, $552 million better than the year-ago quarter. General Dynamics releases figures for Q2 on July 29. Informations sur votre appareil et sur votre connexion Internet, y compris votre adresse IP, Navigation et recherche lors de l’utilisation des sites Web et applications Verizon Media. Découvrez comment nous utilisons vos informations dans notre Politique relative à la vie privée et notre Politique relative aux cookies. Add to Calendar. 29 April 2009: General Dynamics Q1 2009 Earnings Call Transcript Q4 2008. Total backlog at the end of second-quarter 2020 was $82.7 billion, 22% higher than the year-ago quarter. To hear a recording of the conference call by telephone, please call 1-877-344-7529 (international: 1-412-317-0088) passcode 10144907. Quarterly Results. IR Contacts. General Dynamics (GD) came out with quarterly earnings of $2.18 per share, beating the Zacks Consensus Estimate of $2.14 per share. General Dynamics (GD): In-Line Q2 Earnings, Misses Sales. Headquartered in Reston, Virginia, General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; IT services; C4ISR solutions; and shipbuilding and ship repair. The Algorithm predicts "% Predicted Move After Earnings Announcement" (PMAEA) for GD three weeks prior to earnings date. Zacks. General Dynamics (NYSE: GD) showed a loss in earnings since Q1, totaling $727.00 million.Sales, on the other hand, increased by 5.89% to $9.26 billion during Q2. An on-demand replay of the webcast will be available one hour after the end of the call and end on August 5, 2020. Forward-looking statements are based on management’s expectations, estimates, projections and assumptions. Earnings per share fell 21.30% year over year to $2.18, which beat the estimate of $2.15. Shares of General Dynamics (NYSE:GD) rose 0.1% in pre-market trading after the company reported Q2 results. RESTON, Va. – General Dynamics (NYSE: GD) today reported second-quarter 2020 net earnings of $625 million on revenue of $9.3 billion. About GD. General Dynamics Corporation reported a 7% rise in earnings for the third quarter of 2019 helped by Gulfstream’s continuing ability to efficiently transition its production to new models, coupled with solid operating performance at the defense businesses.The bottom line exceeded analysts’ expectations while the top line came in line with consensus estimates. July 29, 2020 09:00 AM EDT. Regarding the company's second-quarter performance, as you can discern from our press release, we reported earnings of $2.18 per fully diluted share … Published. Good morning. General Dynamics has an Earnings ESP of -3.93% and a Zacks Rank #4 (Sell). To access the live webcast, log on to www. 28 January 2009: General Dynamics Corp. Q4 2008 Earnings Call Transcript "A killer stock screener." General Dynamics reported a 3% rise in earnings for the second quarter of 2019 helped by lower costs and expenses as well as a decline in income tax provision.The results exceeded analysts’ expectations. Jul 26, 2017 9:00AM EDT. But that’s not the case here. General Dynamics (GD) witnessed improved activity levels in Europe and China at the onset of the second quarter. General Dynamics has generated $11.98 earnings per share over the last year and currently has a price-to-earnings ratio of 13.3. Certain statements made in this press release, including any statements as to future results of operations and financial projections, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Free cash flow conversion 100%. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. Diluted earnings per share (EPS) were $2.18. Pour autoriser Verizon Media et nos partenaires à traiter vos données personnelles, sélectionnez 'J'accepte' ou 'Gérer les paramètres' pour obtenir plus d’informations et pour gérer vos choix. Revenue of $9,264,000,000 declined by 3.05% from the same … Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more View real-time stock prices and stock quotes for a full financial overview. So all of this sums to revenue for General Dynamics … General Dynamics (GD) Q2 Earnings: Is a Beat in the Cards? Total estimated contract value, the sum of all backlog components, was $132.2 billion at the end of the quarter, approximately 30% more than the year-ago quarter. General Dynamics Corporation GD reported second-quarter 2020 earnings from continuing operations of … More information is available at www.gd.com. Wall Street predict expect General Dynamics will release earnings per share of $2.15. Copyright 2021 General Dynamics Corporation, We use cookies to enhance your website experience. General Dynamics' Q2 Earnings Beat, Backlog Up Y/Y. General Dynamics' (GD) total backlog grows 22% year over year in the second quarter, primarily led by higher orders received by its Marine System segment. General Dynamics' (GD) Q2 Earnings … During the quarter and in the early part of Q2, in general, mass got a little bit better. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. General Dynamics Corporation GD reported second-quarter 2019 earnings from continuing operations of $2.77 per share, which beat the Zacks Consensus Estimate of $2.68 by 736%. This compares to earnings of $2.82 per share a year ago. Do the numbers hold clues to what lies ahead for the stock? Stocks Analysis by Zacks Investment Research covering: General Dynamics Corporation. Operating earnings, however, plunged 21.3% from $2.77 per share in the year-ago quarter. [Operator Instructions] Please also note that today's event is being recorded. Learn More, General Dynamics awarded $4.6 billion U.S. Army contract for latest configuration of Abrams Main Battle Tanks, General Dynamics Information Technology Awarded $241 Million Multi-Cloud Contract by Centers for Medicare and Medicaid Services, Net earnings of $625 million on revenue of $9.3 billion, 32 aircraft delivered despite pandemic-caused delivery challenges. F alls Church, VA based General Dynamics … General Dynamics (GD) witnessed improved activity levels in Europe and China at the onset of the second quarter. Diluted earnings per share were $2.77, an increase of 5.7 percent year-over-year. General Dynamics (GD) delivered earnings and revenue surprises of 1.87% and 1.66%, respectively, for the quarter ended June 2020. Earnings for defense stocks Raytheon, Northrop and General Dynamics topped Q2 views, and the Air Force said the B-21 could have its maiden flight in late 2021. BlackBerry® Limited stock quote data provided is for informational purposes only, and is not intended to be relied on or used for trading, business or financial purposes. We now expect revenue of $8.5 billion and operating earnings of $630 million with an operating margin of 7.4%, 10 basis points lower. For the year, General Dynamics shares are up 18.92%, under-performing the S&P 500 which is up 21.51% year to date. ET. EPS of $2.18 beats by $0.01 Revenue of $9.26B (-3.05% Y/Y) beats by $232.55M The following slide deck was published by General Dynamics Corporation in conjunction with their 2020 Q2 earnings call. General Dynamics Corp Q2 2019 Earnings Call Jul 24, 2019, 9:00 a.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. LMT - Free Report) , a Zacks Rank #3 company, reported second-quarter 2020 adjusted earnings of $6.13 per share, which surpassed the Zacks Consensus Estimate of … General Dynamics Corporation GD reported second-quarter 2020 earnings from continuing operations of $2.18 per share, which beat the Zacks Consensus Estimate of $2.14 by 1.89%. General Dynamics is a global aerospace and defense company. General Dynamics Q2 2020 Earnings Call Jul 29, 2020, 9:00 a.m. General Dynamics (NYSE: GD) today reported third-quarter 2020 net earnings of $834 million on revenue of $9.4 billion. General Dynamics Corporation 2020 Q2 - Results - Earnings Call Presentation Jul. These figures are adjusted for non-recurring items. The company ended the quarter with $2.3 billion of cash on hand, $1.6 billion more than at the end of second-quarter 2019. Revenue was up 1.8% over the previous quarter, while net earnings and diluted EPS grew 33%. RESTON, Va. – General Dynamics (NYSE: GD) today reported second-quarter 2020 net earnings of $625 million on revenue of $9.3 billion. Edited earnings call transcripts of General Dynamics Corporation (GD) stock General Dynamics Q2 profit rises 3%, tops estimates July 24, 2019 March 24, 2020 General Dynamics ( NYSE: GD ) reported a 3% rise in earnings for the second quarter of 2019 helped by lower costs and expenses as well as a decline in income tax provision. Find the latest Earnings Report Date for General Dynamics Corporation Common Stock (GD) at Nasdaq.com. General Dynamics (GD) delivered earnings and revenue surprises of 1.87% and 1.66%, respectively, for the quarter ended June 2020. — Berry M., Switzerland Give wallmine a try – it's free. General Dynamics Corporation GD reported second-quarter 2020 earnings from continuing operations of $2.18 per share, which beat the Zacks Consensus Estimate of $2.14 by 1.89%. Additional information regarding these factors is contained in the company’s filings with the Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. All forward-looking statements speak only as of the date they were made. WEBCAST INFORMATION: General Dynamics will webcast its second-quarter 2020 financial results conference call at 9 a.m. EDT on Wednesday, July 29, 2020. Significant awards in the quarter included a contract to construct the first two Columbia-class submarines which will be worth $11.5 billion when funding is received from Congress; $320 million to upgrade Stryker vehicles to the double-V-hull A1 configuration; $215 million from the U.S. Army to produce Hydra-70 rockets; $175 million from the Army for computing and communications equipment under the Common Hardware Systems-5 program; $160 million in separate contracts from the U.S. Navy to provide missile components for the Aegis Ballistic Missile Defense program and gun systems for the F-35 Joint Strike Fighter; $130 million from the Centers for Medicare and Medicaid Services for several contracts, including support of the agency’s Healthcare Integrated General Ledger Accounting System (HIGLAS) application; and $125 million for several key contracts to provide intelligence services to classified customers. Diluted earnings per share (EPS) were $2.90. General Dynamics (GD) came out with quarterly earnings of $2.18 per share, beating the Zacks Consensus Estimate of $2.14 per share. These figures are adjusted for non-recurring items. Operating earnings, however, plunged 21.3% from $2.77 per share in the year-ago quarter. General Dynamics' (GD) Q2 Earnings Beat, Backlog Up Y/Y. Operating earnings also improved 5.7% from $2.62 in the year-ago quarter. Greenbrier Companies Inc Q1 2021 Earnings Call Jan 6, 2021, 11:00 a.m. This, in turn, can be expected to boost the company's international expansion. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared … This compares to earnings of $2.77 per share a year ago. General Dynamics (NYSE: GD) showed a loss in earnings since Q1, totaling $727.00 million.Sales, on the other hand, increased by 5.89% to $9.26 billion during Q2. E-mail. Add to Apple Calendar; Add to Google Calendar; Add to Microsoft Outlook; Add to iCalendar; Webcast. This quarterly report represents an earnings … Nos partenaires et nous-mêmes stockerons et/ou utiliserons des informations concernant votre appareil, par l’intermédiaire de cookies et de technologies similaires, afin d’afficher des annonces et des contenus personnalisés, de mesurer les audiences et les contenus, d’obtenir des informations sur les audiences et à des fins de développement de produit. Total Revenues General Dynamics’ second-quarter revenues of $9,555 million surpassed the Zacks Consensus Estimate of $9,402 million … Total Revenues. Earnings and Revenue. General Dynamics has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, February … If you experience any issues with … General Dynamics Corporation (GD) announced second-quarter 2016 earnings from continuing operations of $2.44 per share, beating the Zacks Consensus Estimate of $2.30 by 6.1%. Charts furnished to investors and securities analysts in connection with General Dynamics’ announcement of its financial results are available at www.gd.com. Net earnings of $625 million on revenue of $9.3 billion. This compares to earnings of … General Dynamics Corp. (GD) will host a conference call at 9:00 AM ET on July 29, 2020, to discuss Q2 20 earnings results. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. General Dynamics (GD) came out with quarterly earnings of $2.77 per share, beating the Zacks Consensus Estimate of $2.68 per share. At General Dynamics, we promise to treat your data with respect and will not share your information with any third party. Visiting the ‘ unsubscribe ’ section below Call Participants ; Prepared Remarks: Operator your information with any party. An increase of 5.7 percent year-over-year ( GD ) at Nasdaq.com per share ( ). 5, 2020 've got the odd Q2, September, October November... 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