24.04.2024 13:03:28 - dpa-AFX: General Dynamics Corp. Q1 Profit Climbs, but misses estimates
FALLS CHURCH (dpa-AFX) - General Dynamics Corp. (GD) announced earnings for
its first quarter that increased from last year but missed the Street
estimates.
The company's bottom line came in at $799 million, or $2.88 per share. This
compares with $730 million, or $2.64 per share, in last year's first quarter.
Analysts on average had expected the company to earn $2.93 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 8.6% to $10.73 billion from $9.88
billion last year.
General Dynamics Corp. earnings at a glance (GAAP) :
-Earnings (Q1): $799 Mln. vs. $730 Mln. last year.
-EPS (Q1): $2.88 vs. $2.64 last year.
-Revenue (Q1): $10.73 Bln vs. $9.88 Bln last year.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX