General Dynamics Corporation (GD) CEO Phebe Novakovic on Q4 2021 Results - Earnings Call Transcript

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Q4: 2022-01-26 Earnings Summary

EPS of $3.39 beats by $0.02
 | Revenue of $10.29B (-1.80% Y/Y) misses by $401.46M

General Dynamics Corporation (NYSE:GD) Q4 2021 Earnings Conference Call January 26, 2022 9:00 AM ET

Company Participants

Howard Rubel - Vice President of Investor Relations
Phebe Novakovic - Chairman and Chief Executive Officer
Jason Aiken - CFO

Conference Call Participants

Ron Epstein - Bank of America
Cai von Rumohr - Cowen and Company
George Shapiro - Shapiro Research
Myles Walton - UBS
Robert Stallard - Vertical Research
Robert Spingarn - Melius Research
Douglas Harned - Sanford C. Bernstein & Company
Sheila Kahyaoglu - Jefferies LLC
Peter Arment - Robert W. Baird & Co.
Seth Seifman - JP Morgan
David Strauss - Barclays
Matt Akers - Wells Fargo Securities
Richard Safran - Seaport Research Partners

Operator

Good morning and welcome to the General Dynamics Fourth Quarter and Full Year 2021 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Howard Rubel, Vice President of Investor Relations. Please go ahead.

Howard Rubel

Thank you, Operator, and good morning, everyone. Welcome to the General Dynamics fourth quarter and full year 2021 conference call. Any forward-looking statements made today represent our estimates regarding the Company's outlook. These estimates are subject to some risks and uncertainties. Additional information regarding these factors is contained in the Company's 10-K, 10-Q, and 8-K filings.

We will also refer to certain non-GAAP financial measures. For additional disclosures about these non-GAAP measures, including reconciliations to comparable GAAP measures, please see the slides that accompany this webcast which are available on the Investor Relations page on our Web site, investorrelations.gd.com.

Now, I would like to turn the call over to our Chairman and Chief Executive Officer, Phebe Novakovic.

Phebe Novakovic

Good morning, and thank you, Howard. Earlier today we reported fourth quarter revenue of $10.3

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