General Dynamics Reports Strong Q4 Earnings, Revenue Surpasses Estimates

General Dynamics reported strong financial results for Q4 2024, achieving earnings of $4.15 per share, surpassing analyst expectations and showing a 14.3% increase in revenue to $13.34 billion compared to the previous year. The company's performance has been bolstered by steady growth across all its segments, with operating earnings up 10.5% and net earnings rising 14.2% year-over-year. CEO Phebe N. Novakovic highlighted the solid quarter as part of a successful year, despite the company's stock underperforming the broader market since the start of the year. General Dynamics has exceeded revenue estimates multiple times over the past four quarters, reflecting resilience amid fluctuating defense budgets influenced by geopolitical tensions. Investors are keen to understand future earnings outlooks, particularly following this positive quarterly performance. The company's long-term growth remains a topic of discussion as it has experienced relatively slow sales growth over the past five years compared to industry standards.