General Dynamics Guides FY 2026 EPS to $16.80–$16.90, Above Consensus
GD sits 28% above its 52-week low of $306.027 on light trading volume (0.1× avg).
Summary
On the Q2 earnings call, General Dynamics issued full-year 2026 EPS guidance of $16.80 to $16.90, above the consensus estimate of $16.65. The company also provided detailed segment outlooks: Aerospace revenue of ~$13.8B with 14.7% margins and 160 Gulfstream deliveries; Combat Systems ~$9.8B at 13.8% margins; Technologies $14.1B at 9.4% margins; and Marine ~$18B at 7.4% margins. Total revenue is seen at ~$55.7B with a 10.5% operating margin. The guidance follows this morning's Q2 beat and a record $136.5B backlog, reinforcing strong demand across defense and aerospace. The Aerospace segment noted active interest in the U.S. and Asia, with some caution from Middle East customers. The raised outlook and segment detail give investors a clear path to above-consensus earnings, supporting the stock near its 52-week high.
At the time of this announcement, GD was trading at $392.61 on NYSE in the Manufacturing sector, with a market capitalization of approximately $106.2B. The 52-week trading range was $306.03 to $400.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.