General Dynamics shares may move 3.5% on earnings next week

General Dynamics Corp. (NYSE:GD) shares may move 3.5% when the company releases its earnings report on Oct. 30 before the market opens, according to options data compiled by Bloomberg.

The defense contractor’s stock has moved more than the amount suggested by options in five of the past eight earnings announcements.

In the most recent earnings report on July 29, options data indicated a potential 3.8% move, while the actual price change was 3.6%. On April 29, the implied move was 3.7%, and the stock moved 4.1%.

On Jan. 28, options suggested a 3.8% move, but the stock declined 0.7%. For the Oct. 24, 2025 earnings, the implied move was 2.3%, while the actual price change reached 6.1%.

On July 23, 2025, options indicated a 2.9% move compared to the actual 5.3% increase. The April 23, 2025 earnings showed a 3.0% implied move against a 4.1% decline in the stock price.

On Jan. 29, 2025, the implied move was 3.2%, while the stock fell 7.4%. For the Oct. 23, 2024 earnings, options suggested a 2.7% move, and the stock rose 1.4%.