What's next for GD's EPS after 2024?
4/3/2025 07:25pm
**General Dynamics' EPS is expected to remain strong after 2024**, with several factors indicating continued growth and stability:
1. **Consistent Growth Trajectory**: GD has demonstrated a consistent growth trajectory in its EPS. The EPS for 2023 was $13.63, and the company anticipates an EPS of about $14 for the full year 2024.
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|GD|GD.N|General Dynamics|2024 Q1|9.090909090909081|2.88|169|
|GD|GD.N|General Dynamics|2024 Q2|20.740740740740726|3.26|169|
|GD|GD.N|General Dynamics|2024 Q3|10.197368421052634|3.35|169|
|GD|GD.N|General Dynamics|2024 Q4|14.010989010989016|4.15|169|
2. **Positive Analyst Ratings**: Analysts have shown confidence in GD's performance, with RBC Capital Markets reiterating a Sector Perform rating and raising the stock target due to strong segment growth. This suggests that the EPS growth is recognized and valued by the analyst community.
3. **Strong Segment Performance**: GD's segments, particularly Aerospace and Marine Systems, are expected to contribute to revenue growth. The company anticipates full-year revenue of approximately $48 billion, with Aerospace sales projected at $12.3 billion and Marine Systems revenue expected to be robust. This segmental strength is likely to support continued EPS growth.
4. **Market Expectations**: The market expects GD to deliver an increase in EPS on higher revenues when it reports results for the quarter ended March 2024. This expectation is a positive indicator for future EPS growth.
5. **Strategic Investments and Technological Development**: GD's focus on strategic investments and next-generation technology development is likely to enhance its competitive position and support long-term EPS growth.
In conclusion, General Dynamics' EPS is poised to continue its upward trend after 2024, driven by strong segment performance, positive analyst ratings, and market expectations. The company's strategic focus and technological advancements are also likely to contribute to sustained EPS growth.