BLT war cabinet. GD / NOC / RTX / LMT
I'm holding on to my GD (General dynamics) stocks.
General Dynamics, Northrop Grumman Set for Gains After Israel Strike on Iran
By
U.S. defense stocks were largely set for a positive open on Friday following news that Israel aimed attacks at sites in central Iran where there is a drone factory, according to a report from The Wall Street Journal.
General Dynamics was up 1.8% in premarket trading, while Northrop Grumman gained 1.3%. Lockheed Martin gained 0.8%, RTX Corp—formed out of the merger of Raytheon and United Technologies—was up 0.7%. Aerospace-and-defense company Boeing bucked the trend, falling 0.5%.
General Dynamics Corporation GD is set to release first-quarter 2024 results on Apr 24, before market open.
The company delivered an earnings surprise of 3.19% in the last four quarters, on average. The strong revenue performance across all of its business segments is likely to have added impetus to its overall first-quarter top line amid supply chain woes.
Analysts on Wall Street project that General Dynamics (GD) will announce quarterly earnings of $2.95 per share in its forthcoming report, representing an increase of 11.7% year over year. Revenues are projected to reach $10.36 billion, increasing 4.8% from the same quarter last year.
The consensus EPS estimate for the quarter has been revised 6.6% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
And here are a few of my other holdings.
Tickers:
#LMT ^^^
#NOC ^^
#RTX ^^
#BA ^
General Dynamics, Northrop Grumman Set for Gains After Israel Strike on Iran
By
U.S. defense stocks were largely set for a positive open on Friday following news that Israel aimed attacks at sites in central Iran where there is a drone factory, according to a report from The Wall Street Journal.
General Dynamics was up 1.8% in premarket trading, while Northrop Grumman gained 1.3%. Lockheed Martin gained 0.8%, RTX Corp—formed out of the merger of Raytheon and United Technologies—was up 0.7%. Aerospace-and-defense company Boeing bucked the trend, falling 0.5%.
General Dynamics Corporation GD is set to release first-quarter 2024 results on Apr 24, before market open.
The company delivered an earnings surprise of 3.19% in the last four quarters, on average. The strong revenue performance across all of its business segments is likely to have added impetus to its overall first-quarter top line amid supply chain woes.
Analysts on Wall Street project that General Dynamics (GD) will announce quarterly earnings of $2.95 per share in its forthcoming report, representing an increase of 11.7% year over year. Revenues are projected to reach $10.36 billion, increasing 4.8% from the same quarter last year.
The consensus EPS estimate for the quarter has been revised 6.6% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
And here are a few of my other holdings.
Tickers:
#LMT ^^^
#NOC ^^
#RTX ^^
#BA ^