General Dynamics Corp

GD: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$954.00	Ywhn	Zwkzznmrl

General Dynamics Earnings: Lumpy 2023 Could Provide Buying Opportunity; Raising Fair Value to $240

Nicolas Owens

Apr 26, 2023

General Dynamics reported quarterly results that slightly exceeded Wall Street's overall revenue and earnings expectations, but a sudden decrease in operating margin, especially at Gulfstream, coupled with management's description of this and next quarter's results as "aberrant" due mostly to supply chain issues that won't likely resolve until the third quarter, disappointed investors.

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