Subtext

General Dynamics Corporation GD

SectorIndustrials
Transcripts70
Date range2007-10-25 – 2025-04-23
Calls charted70

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-17-8+0+8+172007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22007 Q3 · Overall: +14.42007 Q4 · Overall: +12.92008 Q1 · Overall: +11.32008 Q2 · Overall: +4.32008 Q3 · Overall: +7.42008 Q4 · Overall: +1.22009 Q1 · Overall: +5.62009 Q2 · Overall: +4.22009 Q3 · Overall: +5.82009 Q4 · Overall: +5.32010 Q1 · Overall: +6.92010 Q2 · Overall: +9.32010 Q3 · Overall: +11.32010 Q4 · Overall: +6.32011 Q1 · Overall: +3.72011 Q2 · Overall: +5.72011 Q3 · Overall: +6.62011 Q4 · Overall: +5.22012 Q1 · Overall: +2.62012 Q2 · Overall: +5.82012 Q3 · Overall: +3.62012 Q4 · Overall: -0.72013 Q1 · Overall: +2.32013 Q2 · Overall: +4.92013 Q3 · Overall: -0.52013 Q4 · Overall: +0.72014 Q1 · Overall: +5.62014 Q2 · Overall: +3.32014 Q3 · Overall: +8.92014 Q4 · Overall: +5.32015 Q1 · Overall: +7.32015 Q2 · Overall: +7.52015 Q3 · Overall: +8.52015 Q4 · Overall: +6.62016 Q1 · Overall: +11.52016 Q2 · Overall: +9.52016 Q3 · Overall: +6.22016 Q4 · Overall: +2.22017 Q1 · Overall: +6.42017 Q2 · Overall: +4.92017 Q3 · Overall: +11.92017 Q4 · Overall: +8.72018 Q1 · Overall: +5.52018 Q2 · Overall: +7.82018 Q3 · Overall: +7.12018 Q4 · Overall: +5.72019 Q1 · Overall: +7.62019 Q2 · Overall: +6.72019 Q3 · Overall: +8.72019 Q4 · Overall: +5.62020 Q1 · Overall: -8.92020 Q2 · Overall: -1.62020 Q3 · Overall: +7.32020 Q4 · Overall: +5.52021 Q1 · Overall: +4.22021 Q2 · Overall: +5.32021 Q3 · Overall: +2.62021 Q4 · Overall: +6.52022 Q1 · Overall: -3.52022 Q2 · Overall: +2.42022 Q3 · Overall: +4.52022 Q4 · Overall: +6.32023 Q1 · Overall: +4.02023 Q2 · Overall: +9.02023 Q3 · Overall: +9.22023 Q4 · Overall: +10.92024 Q1 · Overall: -0.92024 Q2 · Overall: +7.12024 Q3 · Overall: +8.82025 Q1 · Overall: +11.1
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-42-21+0+21+422007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22007 Q3 · CEO: +19.52007 Q4 · CEO: +16.72008 Q1 · CEO: +17.62008 Q2 · CEO: +8.42008 Q3 · CEO: +7.22008 Q4 · CEO: +3.42009 Q1 · CEO: +7.52009 Q2 · CEO: +12.42009 Q3 · CEO: +10.22009 Q4 · CEO: +9.22010 Q1 · CEO: +9.52010 Q2 · CEO: +11.22010 Q3 · CEO: +14.92010 Q4 · CEO: +12.52011 Q1 · CEO: +8.32011 Q2 · CEO: +8.82011 Q3 · CEO: +10.32011 Q4 · CEO: +10.22012 Q1 · CEO: +8.12012 Q2 · CEO: +9.52012 Q3 · CEO: +5.52012 Q4 · CEO: +5.72013 Q1 · CEO: +10.12013 Q2 · CEO: +8.62013 Q3 · CEO: +1.82013 Q4 · CEO: +2.42014 Q1 · CEO: +7.92014 Q2 · CEO: +8.52014 Q3 · CEO: +10.22014 Q4 · CEO: +8.52015 Q1 · CEO: +9.82015 Q2 · CEO: +13.32015 Q3 · CEO: +14.72015 Q4 · CEO: +10.82016 Q1 · CEO: +15.32016 Q2 · CEO: +15.02017 Q4 · CEO: +6.82018 Q4 · CEO: +10.82019 Q2 · CEO: +13.52021 Q2 · CEO: +4.62021 Q4 · CEO: +11.32022 Q1 · CEO: -3.52022 Q3 · CEO: +6.22022 Q4 · CEO: +12.02023 Q1 · CEO: +6.32023 Q2 · CEO: +13.62023 Q4 · CEO: +14.22024 Q2 · CEO: +10.62024 Q3 · CEO: +8.92025 Q1 · CEO: +14.62007 Q3 · CFO: +11.12007 Q4 · CFO: +36.12008 Q1 · CFO: -9.92008 Q2 · CFO: +0.02008 Q3 · CFO: +27.22008 Q4 · CFO: -20.12009 Q1 · CFO: +17.42009 Q2 · CFO: +0.02009 Q3 · CFO: +7.32009 Q4 · CFO: +12.22010 Q1 · CFO: +0.02010 Q2 · CFO: +27.12010 Q3 · CFO: +28.62010 Q4 · CFO: +3.32011 Q1 · CFO: +9.32011 Q2 · CFO: +0.02011 Q3 · CFO: +0.02011 Q4 · CFO: +0.02012 Q1 · CFO: -12.32012 Q2 · CFO: +5.42012 Q3 · CFO: +18.32012 Q4 · CFO: -17.92013 Q1 · CFO: +6.12013 Q2 · CFO: +28.32013 Q3 · CFO: +12.02013 Q4 · CFO: -1.32014 Q1 · CFO: +6.42014 Q2 · CFO: +1.82014 Q3 · CFO: +14.22014 Q4 · CFO: -3.62015 Q1 · CFO: +7.82015 Q2 · CFO: +6.52016 Q1 · CFO: +3.12016 Q4 · CFO: +7.52017 Q4 · CFO: +12.82022 Q2 · CFO: +4.72023 Q1 · CFO: +16.02023 Q2 · CFO: +16.62023 Q3 · CFO: +10.82023 Q4 · CFO: +9.72024 Q2 · CFO: +0.02024 Q3 · CFO: +21.62025 Q1 · CFO: +6.7
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-36-18+0+18+362007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22007 Q3 · Prepared remarks: +20.42007 Q4 · Prepared remarks: +21.52008 Q1 · Prepared remarks: +20.82008 Q2 · Prepared remarks: -6.32008 Q3 · Prepared remarks: +18.52008 Q4 · Prepared remarks: +0.82009 Q1 · Prepared remarks: +18.22009 Q2 · Prepared remarks: +10.32009 Q3 · Prepared remarks: +18.22009 Q4 · Prepared remarks: +17.22010 Q1 · Prepared remarks: +15.52010 Q2 · Prepared remarks: +14.72010 Q3 · Prepared remarks: +21.92010 Q4 · Prepared remarks: +17.12011 Q1 · Prepared remarks: +8.62011 Q2 · Prepared remarks: +9.12011 Q3 · Prepared remarks: +14.22011 Q4 · Prepared remarks: +8.22012 Q1 · Prepared remarks: +8.02012 Q2 · Prepared remarks: +10.42012 Q3 · Prepared remarks: +9.62012 Q4 · Prepared remarks: -2.72013 Q1 · Prepared remarks: +16.92013 Q2 · Prepared remarks: +19.12013 Q3 · Prepared remarks: +21.72013 Q4 · Prepared remarks: +0.72014 Q1 · Prepared remarks: +9.02014 Q2 · Prepared remarks: +14.12014 Q3 · Prepared remarks: +13.72014 Q4 · Prepared remarks: +5.72015 Q1 · Prepared remarks: +13.52015 Q2 · Prepared remarks: +11.22015 Q3 · Prepared remarks: +12.72015 Q4 · Prepared remarks: +12.22016 Q1 · Prepared remarks: +13.82016 Q2 · Prepared remarks: +19.22016 Q3 · Prepared remarks: +16.42016 Q4 · Prepared remarks: +6.02017 Q1 · Prepared remarks: +19.82017 Q2 · Prepared remarks: +12.42017 Q3 · Prepared remarks: +16.42017 Q4 · Prepared remarks: +13.72018 Q1 · Prepared remarks: +8.12018 Q2 · Prepared remarks: +8.52018 Q3 · Prepared remarks: +10.42018 Q4 · Prepared remarks: +8.82019 Q1 · Prepared remarks: +9.72019 Q2 · Prepared remarks: +9.92019 Q3 · Prepared remarks: +27.02019 Q4 · Prepared remarks: +22.02020 Q1 · Prepared remarks: -6.82020 Q2 · Prepared remarks: -3.32020 Q3 · Prepared remarks: +5.52020 Q4 · Prepared remarks: +16.52021 Q1 · Prepared remarks: +5.42021 Q2 · Prepared remarks: +11.32021 Q3 · Prepared remarks: +31.12021 Q4 · Prepared remarks: +12.02022 Q1 · Prepared remarks: +10.42022 Q2 · Prepared remarks: +9.72022 Q3 · Prepared remarks: +14.52022 Q4 · Prepared remarks: +15.02023 Q1 · Prepared remarks: +13.52023 Q2 · Prepared remarks: +19.02023 Q3 · Prepared remarks: +15.82023 Q4 · Prepared remarks: +17.32024 Q1 · Prepared remarks: +0.02024 Q2 · Prepared remarks: +11.32024 Q3 · Prepared remarks: +10.92025 Q1 · Prepared remarks: +16.22007 Q3 · Q&A responses: +16.62007 Q4 · Q&A responses: +12.82008 Q1 · Q&A responses: +13.02008 Q2 · Q&A responses: +9.62008 Q3 · Q&A responses: +4.72008 Q4 · Q&A responses: +3.52009 Q1 · Q&A responses: +1.62009 Q2 · Q&A responses: +10.22009 Q3 · Q&A responses: +3.02009 Q4 · Q&A responses: +2.12010 Q1 · Q&A responses: +4.22010 Q2 · Q&A responses: +9.42010 Q3 · Q&A responses: +6.52010 Q4 · Q&A responses: +4.72011 Q1 · Q&A responses: +6.92011 Q2 · Q&A responses: +7.02011 Q3 · Q&A responses: +5.72011 Q4 · Q&A responses: +10.12012 Q1 · Q&A responses: +3.52012 Q2 · Q&A responses: +6.62012 Q3 · Q&A responses: +0.02012 Q4 · Q&A responses: +4.72013 Q1 · Q&A responses: +5.52013 Q2 · Q&A responses: +3.92013 Q3 · Q&A responses: -3.32013 Q4 · Q&A responses: +1.92014 Q1 · Q&A responses: +5.92014 Q2 · Q&A responses: +4.12014 Q3 · Q&A responses: +10.82014 Q4 · Q&A responses: +8.62015 Q1 · Q&A responses: +5.92015 Q2 · Q&A responses: +10.82015 Q3 · Q&A responses: +11.02015 Q4 · Q&A responses: +2.32016 Q1 · Q&A responses: +13.62016 Q2 · Q&A responses: +5.72016 Q3 · Q&A responses: +4.82016 Q4 · Q&A responses: +2.32017 Q1 · Q&A responses: +1.22017 Q2 · Q&A responses: -1.22017 Q3 · Q&A responses: +9.42017 Q4 · Q&A responses: +6.12018 Q1 · Q&A responses: +5.32018 Q2 · Q&A responses: +12.22018 Q3 · Q&A responses: +6.72018 Q4 · Q&A responses: +6.62019 Q1 · Q&A responses: +13.52019 Q2 · Q&A responses: +7.62019 Q3 · Q&A responses: +7.42019 Q4 · Q&A responses: -1.02020 Q1 · Q&A responses: -7.92020 Q2 · Q&A responses: +0.02020 Q3 · Q&A responses: +12.52020 Q4 · Q&A responses: +5.72021 Q1 · Q&A responses: +7.42021 Q2 · Q&A responses: +5.52021 Q3 · Q&A responses: +0.02021 Q4 · Q&A responses: +5.72022 Q1 · Q&A responses: -3.62022 Q2 · Q&A responses: +1.52022 Q3 · Q&A responses: -2.82022 Q4 · Q&A responses: +5.72023 Q1 · Q&A responses: +4.32023 Q2 · Q&A responses: +8.22023 Q3 · Q&A responses: +8.62023 Q4 · Q&A responses: +7.22024 Q1 · Q&A responses: +3.62024 Q2 · Q&A responses: +5.82024 Q3 · Q&A responses: +9.32025 Q1 · Q&A responses: +11.6
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$6.65$11.64$16.642007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22014 Q1: $7.332014 Q2: $7.582014 Q3: $7.942014 Q4: $8.352015 Q1: $8.542015 Q2: $8.912015 Q3: $9.302015 Q4: $9.532016 Q1: $9.572016 Q2: $9.792016 Q3: $9.962016 Q4: $10.092017 Q1: $9.952017 Q2: $10.202017 Q3: $10.342017 Q4: $10.502018 Q1: $11.462018 Q2: $11.862018 Q3: $11.962018 Q4: $12.072019 Q1: $12.042019 Q2: $12.392019 Q3: $12.782019 Q4: $12.902020 Q1: $12.922020 Q2: $11.762020 Q3: $11.782020 Q4: $11.522021 Q1: $11.382021 Q2: $11.742021 Q3: $12.222021 Q4: $12.452022 Q1: $12.602022 Q2: $13.122022 Q3: $13.612022 Q4: $13.952023 Q1: $13.272023 Q2: $13.722023 Q3: $14.352023 Q4: $14.882024 Q1: $15.062024 Q2: $15.432024 Q3: $15.95

Forward P/E

8.5414.5520.572007 Q32009 Q42012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22014 Q1: 14.732014 Q2: 15.782014 Q3: 16.162014 Q4: 16.432015 Q1: 15.942015 Q2: 16.212015 Q3: 15.252015 Q4: 14.652016 Q1: 14.002016 Q2: 14.302016 Q3: 15.052016 Q4: 17.222017 Q1: 19.262017 Q2: 19.742017 Q3: 19.042017 Q4: 18.732018 Q1: 19.352018 Q2: 16.862018 Q3: 17.052018 Q4: 13.172019 Q1: 14.262019 Q2: 14.012019 Q3: 14.892019 Q4: 13.832020 Q1: 9.372020 Q2: 13.362020 Q3: 12.472020 Q4: 13.322021 Q1: 15.602021 Q2: 16.192021 Q3: 16.242021 Q4: 16.572022 Q1: 18.072022 Q2: 16.602022 Q3: 16.962022 Q4: 17.852023 Q1: 16.342023 Q2: 15.462023 Q3: 15.312023 Q4: 17.192024 Q1: 18.292024 Q2: 19.312024 Q3: 18.96

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q2 tone ↓ -2.3 fwd EPS ↑ +0.25 Tone cooled even as the forward EPS estimate rose.
  • 2014 Q4 tone ↓ -3.7 fwd EPS ↑ +0.41 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q3 tone ↓ -3.3 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q4 tone ↓ -4.0 fwd EPS ↑ +0.13 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q1 tone ↑ +4.2 fwd EPS ↓ -0.14 Tone rose while the forward EPS estimate was cut.
  • 2017 Q4 tone ↓ -3.2 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q1 tone ↓ -3.2 fwd EPS ↑ +0.96 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +7.3 fwd EPS ↓ -1.16 Tone rose while the forward EPS estimate was cut.
  • 2021 Q3 tone ↓ -2.8 fwd EPS ↑ +0.48 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q1 tone ↓ -10.0 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -11.8 fwd EPS ↑ +0.18 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-23+11.1——View →
2024 Q32024-10-23+8.8$15.9519.0View →
2024 Q22024-07-24+7.1$15.4319.3View →
2024 Q12024-04-24-0.9$15.0618.3View →
2023 Q42024-01-24+10.9$14.8817.2View →
2023 Q32023-10-25+9.2$14.3515.3View →
2023 Q22023-07-26+9.0$13.7215.5View →
2023 Q12023-04-26+4.0$13.2716.3View →