Seaport Global analyst Richard Safran maintains $General Dynamics (GD.US)$ with a hold rating.
According to TipRanks data, the analyst has a success rate of 61.1% and a total average return of 3.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $General Dynamics (GD.US)$'s main analysts recently are as follows:
The company's Q3 results showcased an impressive 10% increase in total revenue, bolstered by robust growth in the Aerospace and Marine segments. Despite the Q3 EPS not meeting estimates, largely due to fewer G700 deliveries, the outlook for G700 deliveries was seen as incrementally positive, with an anticipated 27 deliveries in Q4.
General Dynamics' guidance for 27 G700 deliveries in the fourth quarter may present challenges due to persistent supply chain problems, which have previously impacted deliveries in the second and third quarters.
Note:
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