General Dynamics is expected to report Q1 earnings on April 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict General Dynamics's revenues will drop -0.5% and EPS will wither -4.5%.
The average estimate for revenue is $7.54 billion. On the bottom line, the average EPS estimate is $1.50.
Last quarter, General Dynamics booked revenue of $8.08 billion. GAAP reported sales were 12% lower than the prior-year quarter's $9.15 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.39. GAAP EPS were -$6.07 for Q4 against $1.68 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 12.2%, 390 basis points worse than the prior-year quarter. Operating margin was 4.7%, 570 basis points worse than the prior-year quarter. Net margin was -26.4%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $31.47 billion. The average EPS estimate is $6.68.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,287 members out of 1,352 rating the stock outperform, and 65 members rating it underperform. Among 353 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 334 give General Dynamics a green thumbs-up, and 19 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on General Dynamics is outperform, with an average price target of $74.20.
Looking for alternatives to General Dynamics? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add General Dynamics to My Watchlist.
Copyright © 2009 The Motley Fool, LLC. All rights reserved.