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With a market cap of $66.5 billion, General Dynamics Corporation (GD) operates as an aerospace and defense company worldwide. Founded in 1899, the Reston, Virginia-based company operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The company is expected to announce its fiscal Q1 earnings results on Wednesday, Apr. 23, before the market opens.
Ahead of this event, analysts project the company to report a profit of $3.43 per share, up 19.1% from $2.88 per share in the year-ago quarter. The company has failed to beat Wall Street's EPS estimates in three of the last four quarters, surpassing estimates in only one quarter. In the fourth quarter, GD reported EPS of $4.15, surpassing consensus estimates marginally.