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General Dynamics Corp. Q1 Income Climbs


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(RTTNews.com) - General Dynamics Corp. ( GD ) announced a profit for its first quarter that advanced from the same period last year.

The company's bottom line totaled $799 million, or $2.65 per share. This compares with $763 million, or $2.48 per share, in last year's first quarter.

Analysts had expected the company to earn $2.52 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.3% to $7.54 billion from $7.44 billion last year.

General Dynamics Corp. earnings at a glance:


-Earnings (Q1): $799 Mln. vs. $763 Mln. last year.
-EPS (Q1): $2.65 vs. $2.48 last year.
-Analysts Estimate: $2.52
-Revenue (Q1): $7.54 Bln vs. $7.44 Bln last year.


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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: GD ,


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